Farmers who took part in a high-tech flood insurance scheme in Bihar, India, shared a total payout of INR 7.52 lakhs (USD $10,500) following the 2019 monsoon. The season, which runs from June to September, brought devastating floods to large parts of India, Bangladesh and Nepal. In Bihar, 13 districts were affected, including Muzaffapur, where the insurance trial was conducted during July. Two hundred and sixty nine households in Katara and Gaighat blocks were insured through the scheme, paying a total premium of INR 338,843 (USD $4,462). Farmers from 150 of these households received payouts, enabling them to repair their homes and replant crops quickly.
-
Project news
- WLE: Digital defenses: Can high-tech insurance flood-proof vulnerable farmers? September 22, 2020
- ESCAP: Investing in innovative solutions to manage cascading disaster risks in South Asia: Key takeaways for stakeholders September 22, 2020
- GeospatialWorld: Insurance helps reduce risk from flooding for Asia’s vulnerable rural smallholders September 22, 2020
- CCAFS: First satellite-based insurance trial in Bangladesh helps farmers recover from flooding September 22, 2020
- wle.cgiar.org: Flood insurance in the climate change era: can science and tech help women get a better deal? January 24, 2018
Latest news from IWMI
Earth observation platforms and data will support decision-makers in the management of flood and drought risk. The post IWMI and partners map the state of water across Africa first appeared on International Water Management Institute (IWMI). [...]
Matthew McCartney commented on IWMI's work to rectify the dearth of agroecological research focusing on water management and aquatic foods. The post Sri Lanka sources integrated solutions to land and water-based challenges first appeared on International Water Management Institute (IWMI). [...]
IWMI signs MOU with Bangladesh Agricultural Research Council while opening country office. The post IWMI elevates research collaboration in Bangladesh first appeared on International Water Management Institute (IWMI). [...]
The Bangladesh Agricultural Research Council (BARC) and IWMI have signed a Memorandum of Understanding (MoU) to strengthen research in irrigation and agriculture water management within Bangladesh. The post BARC, IWMI sign MoU to strengthen research on agriculture first appeared on International Water Management Institute (IWMI). [...]
Mark Smith spoke live on Al Jazeera English about water scarcity, climate change and potential solutions. The post Water for a safe, just and sustainable future first appeared on International Water Management Institute (IWMI). [...]