News & Events - Project : Index-based Flood Insurance (IBFI)

wle.cgiar.org: Flood insurance in the climate change era: can science and tech help women get a better deal?

As environmental and climate unpredictability intensifies across the planet, agriculture is facing new and complex challenges – but also potentially game-changing technological solutions. And alongside these sweeping changes, agriculture is adjusting to new social realities, particularly changes to the roles of women. Women are playing increasingly active, decision-making roles in…

Wle.cgiar.org: Farmers successfully enrolled in flood insurance program

More than 200 farming households have enrolled in an Index Based Flood Insurance (IBFI) product in Bihar, India. IBFI, which use satellite technology and modelling, was developed with the help of researchers from the International Water Management Institute (IWMI) with WLE and the CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS). Payment to…

GeospatialWorld.net: Satellite-based insurance protects farmers from destructive floods

It’s a familiar sight from developing nations on our TV screens. Stranded families survey submerged crops and livestock in dismay, as swollen rivers claim their livelihoods. Once hit by such a devastating event, smallholder farmers have little option but to use their savings – or more likely, to seek credit…

Index Based Flood Insurance: Testing Business Model in Agricultural Risk Management Workshop

Press Release: Almost 75 Crore people in South Asia affected by climate hazards in last decade New report underlines vulnerability of agriculture to climate hazards Patna, (June 7, 2017) – Almost 750 million (75 Crore) people in South Asia were affected by a combination of climate hazards in the decade…

New Video – Index Based Flood Insurance

Every year, millions of Indian farmers have their crops damaged by floods. Until recently there were very few ways that poor smallholders could obtain insurance against this calamity. Now, using satellite remote sensing and computer modeling to measure flood inundation, a new scheme can help provide protection against crop damage…

Index-based Flood Insurance (IBFI) – Bangladesh Chapter begins

Jointly organized by IWMI and Institute of Water Modeling (IWM), the project inception meeting took place in Dhaka on the 4th of November 2015. The IBFI project is being funded by CCAFS and MAFF (Japan) will be undertaken in Sirajganj and Gaibandha districts in Bangladesh. The meeting was attended by…

IBFI Team engages with local community in Sirajganj, Bangladesh

A field visit was organized to Sirajganj District to meet local communities in the selected project areas and understand the ground situation. A local well known NGO, Manab Mukti Sangstha (MMS) hosted the team comprising of IWMI and IWM members and took them to flood affected villages where the team…

IBFI team interacts with farmers in Bihar

A field visit was organized to Gaighat village situated on the banks of Bagmati River (about 80 km from Patna in North Bihar) where experts met with local farmers and villagers to understand their need for flood insurance. This visit was a follow up activity of the Inception Workshop and…

IBFI kicks off in Bihar, India

Representatives from State and Central government agencies , NGOs, private insurance companies, farmers and development partners met on August 1st in Bihar, India to exchange ideas and expertise in an inception workshop for a new project on developing ‘Index-Based Flood Insurance (IBFI)’. The workshop saw enthusiastic participation from both government…

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