At previous events, we have discussed methods such as conservation agriculture and natural resources management that help smallholders to reduce risk. In addition to these, building savings can help farmers build resilience to risks. However, for many rural households, uninsured risk means that they often cannot get ahead for falling behind. If risk can make and keep households poor, can its removal via risk transfer mechanisms (insurance contracts) fundamentally alter agricultural growth and rural poverty dynamics by protecting productive assets and encouraging investment and technology adoption? How can we use risk transfer methods to enhance the traditional coping mechanisms of lower wealth populations and build greater resilience into their communities?
This event includes the following presentations:
- Risk Management in the context of Feed the Future (Heron)
- Index insurance for aggregate risks - Combining formal and informal insurance (Hill)
- Innovations in Risk Management and Disaster Risk Reduction (Pfeifer)
Here are some other resources you might be interested in checking out:
USAID Bureau for Food Security