Investigating the Impact of Climate Change of the Robustness of Index-based Microinsurance in Malawi

Investigating the Impact of Climate Change of the Robustness of Index-based Microinsurance in Malawi PDF Author: S. Hochrainer
Publisher: World Bank Publications
ISBN:
Category : Banks and Banking Reform
Languages : en
Pages : 25

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Book Description
Abstract: This analysis explores the potential impact of climate change on the viability of the Malawi weather insurance program making use of scenarios of climate change-induced variations in rainfall patterns. The analysis is important from a methodological and policy perspective. By combining catastrophe insurance modeling with climate modeling, the methodology demonstrates the feasibility, albeit with large uncertainties, of estimating the effects of climate change on the near and long-term future of microinsurance schemes serving the poor. By providing a model-based estimate of the incremental role of climate change, along with the associated uncertainties, this methodology can quantitatively demonstrate the need for financial assistance to protect micro-insurance pools against climate-change induced insolvency. This is of major concern to donors, nongovernmental organizations, and others supporting these innovative systems; those actually at-risk; and insurers. A quantitative estimate of the additional burden that climate change imposes on weather insurance for poor regions is of interest to organizations funding adaptation.

Investigating the Impact of Climate Change of the Robustness of Index-based Microinsurance in Malawi

Investigating the Impact of Climate Change of the Robustness of Index-based Microinsurance in Malawi PDF Author: S. Hochrainer
Publisher: World Bank Publications
ISBN:
Category : Banks and Banking Reform
Languages : en
Pages : 25

Get Book Here

Book Description
Abstract: This analysis explores the potential impact of climate change on the viability of the Malawi weather insurance program making use of scenarios of climate change-induced variations in rainfall patterns. The analysis is important from a methodological and policy perspective. By combining catastrophe insurance modeling with climate modeling, the methodology demonstrates the feasibility, albeit with large uncertainties, of estimating the effects of climate change on the near and long-term future of microinsurance schemes serving the poor. By providing a model-based estimate of the incremental role of climate change, along with the associated uncertainties, this methodology can quantitatively demonstrate the need for financial assistance to protect micro-insurance pools against climate-change induced insolvency. This is of major concern to donors, nongovernmental organizations, and others supporting these innovative systems; those actually at-risk; and insurers. A quantitative estimate of the additional burden that climate change imposes on weather insurance for poor regions is of interest to organizations funding adaptation.

Investigating the Impact of Climate Change on the Robustness of Index-Based Microinsurance in Malawi

Investigating the Impact of Climate Change on the Robustness of Index-Based Microinsurance in Malawi PDF Author: S. Hochrainer
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description
This analysis explores the potential impact of climate change on the viability of the Malawi weather insurance program making use of scenarios of climate change-induced variations in rainfall patterns. The analysis is important from a methodological and policy perspective. By combining catastrophe insurance modeling with climate modeling, the methodology demonstrates the feasibility, albeit with large uncertainties, of estimating the effects of climate change on the near and long-term future of microinsurance schemes serving the poor. By providing a model-based estimate of the incremental role of climate change, along with the associated uncertainties, this methodology can quantitatively demonstrate the need for financial assistance to protect micro-insurance pools against climate-change induced insolvency. This is of major concern to donors, nongovernmental organizations, and others supporting these innovative systems; those actually at-risk; and insurers. A quantitative estimate of the additional burden that climate change imposes on weather insurance for poor regions is of interest to organizations funding adaptation.

Shock Waves

Shock Waves PDF Author: Stephane Hallegatte
Publisher: World Bank Publications
ISBN: 1464806748
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.

Extreme and Systemic Risk Analysis

Extreme and Systemic Risk Analysis PDF Author: Stefan Hochrainer-Stigler
Publisher: Springer Nature
ISBN: 9811526893
Category : Nature
Languages : en
Pages : 166

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Book Description
This book is about how extreme and systemic risk can be analyzed in an integrated way. Risk analysis is understood to include measurement, assessment as well as management aspects. Integration is understood as being able to perform risk analysis for extreme and systemic events simultaneously. The presented approach is based on Sklar's theorem, which states that a multivariate distribution can be separated into two parts – one describing the marginal distributions and the other describing the dependency between the distributions using a so-called copula. It is suggested to reinterpret Sklar's theorem from a system or network perspective, treating copulas as a network property and individual, including extreme, risk as elements within the network. In that way, extreme and systemic risk can be analyzed independently as well as jointly across several scales. The book is intended for a large audience, and all techniques presented are guided with examples and applications with a special focus on natural disaster events. Furthermore, an extensive literature and discussion of it are given in each chapter for the interested reader.

Climate Change 2014 – Impacts, Adaptation and Vulnerability: Part A: Global and Sectoral Aspects: Volume 1, Global and Sectoral Aspects

Climate Change 2014 – Impacts, Adaptation and Vulnerability: Part A: Global and Sectoral Aspects: Volume 1, Global and Sectoral Aspects PDF Author: Intergovernmental Panel on Climate Change (IPCC)
Publisher: Cambridge University Press
ISBN: 1316240347
Category : Science
Languages : en
Pages : 1150

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Book Description
This latest Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) will again form the standard reference for all those concerned with climate change and its consequences, including students, researchers and policy makers in environmental science, meteorology, climatology, biology, ecology, atmospheric chemistry and environmental policy.

Climate Change 2014 – Impacts, Adaptation and Vulnerability: Global and Sectoral Aspects

Climate Change 2014 – Impacts, Adaptation and Vulnerability: Global and Sectoral Aspects PDF Author: Christopher B. Field
Publisher: Cambridge University Press
ISBN: 1107058074
Category : Business & Economics
Languages : en
Pages : 1149

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Book Description
This latest Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) will again form the standard reference for all those concerned with climate change and its consequences, including students, researchers and policy makers in environmental science, meteorology, climatology, biology, ecology, atmospheric chemistry and environmental policy.

Technological Pathways for Africa's Net-Zero Economy

Technological Pathways for Africa's Net-Zero Economy PDF Author: Samuel Chukwujindu Nwokolo
Publisher: Elsevier
ISBN: 044331487X
Category : Social Science
Languages : en
Pages : 502

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Book Description
Technological Pathways for Africa's Net-Zero Economy: Technology Solutions to Unlock Africa's Sustainable Future explores the potential of African countries to transition towards a net-zero economy. It highlights sustainable development challenges and opportunities Africa faces and provides insights on technological pathways toward this goal. The book emphasizes the importance of harnessing renewable energy resources, promoting green innovation, and building resilient infrastructure for a sustainable future. It calls for strong policy frameworks and international collaboration to support African countries in their transition. The book outlines seven scenarios supporting Africa's technological paths to a net-zero economy: leapfrogging, hybridization, adaptation, decentralization, sustainable development, promotion, and finance.These scenarios aim to adopt innovative technologies and strategies to reduce greenhouse gas emissions. Investing in education and capacity-building programs is crucial for African countries to effectively implement sustainable energy solutions, so the book also highlights the role of education and awareness in fostering a culture of sustainability among African communities and empowering them to actively participate in climate action initiatives. - Takes into account the unique socioeconomic and environmental context of Africa, which is crucial for developing tailored strategies and solutions that are suitable for the continent - Offers practical insights and recommendations for policymakers, businesses, and individuals to navigate the challenges and opportunities of transitioning to a sustainable future - Highlights successful case studies from other regions that can serve as inspiration and learning points for Africa's journey towards a net-zero economy

World Development Report 2010

World Development Report 2010 PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 0821379887
Category : Political Science
Languages : en
Pages : 444

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Book Description
In the crowded field of climate change reports, 'WDR 2010' uniquely: emphasizes development; takes an integrated look at adaptation and mitigation; highlights opportunities in the changing competitive landscape; and proposes policy solutions grounded in analytic work and in the context of the political economy of reform.

The African Union Ten Years After

The African Union Ten Years After PDF Author: Muchie, Mammo
Publisher: Africa Institute of South Africa
ISBN: 0798303875
Category : Political Science
Languages : en
Pages : 566

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Book Description
This book looks at the first ten years of the African Union. This is the second in a series of books that will be produced each year from annual conferences held on the multi-faceted issue of African liberation. The key themes of the book explore ways of improving the effectiveness of the African Union, fostering unity amongst African countries through entrenchment of pan-Africanism, and building ownership of the African Union by the African people and their communities. In addition, the thoughts of key figures of pan-Africanism and black emancipation, such as Sylvester Williams and Franz Fanon, are re-positioned to even greater contemporary relevance. Through its promotion of Ethiopianism, pan-Africanism and the African renaissance, we trust that this book will add new interest and a fresh perspective to how Africans move forward together into a post-colonial era where policies and actions are determined by the united agency of liberated Africans the world over.

Beyond the passbook relationship: Assessing preferences for contracts among cotton and tea farmers and companies in Malawi

Beyond the passbook relationship: Assessing preferences for contracts among cotton and tea farmers and companies in Malawi PDF Author: Ochieng, Dennis O.
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 30

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Book Description
While contract farming provides opportunities to link smallholder farmers to markets, its sustainability depends on how the interests of both farmers and buyers are addressed. Previous studies analyze farmers’ preferences for contracts, but buyers’ preferences for contracts and design attributes are hardly examined. This Working Paper contributes to the knowledge gap by analyzing farmers’ and buyers’ preferences for contracts and design attributes, and the similarities and differences in preferences using a discrete choice experiment with 505 cotton farmers and 512 tea farmers in southern Malawi. Using a mixed logit model, the author examines farmers’ and buyers’ preferences and estimate farmers’ willingness to pay for improvement of contract attributes. Results show that both farmers and buyers have positive preferences for contracts in general and for many design attributes. The author however observes clear differences in preference for payment mode where farmers prefer spot payments while buyers prefer delayed payments. Further, while both parties prefer better quality products, there are no standardized grading systems for the two crops in Malawi. Consequently, buyers are skeptical of farmers’ ability to produce quality products while farmers are distrustful of buyers’ grading systems. Even though buyers are open to offer contracts that provide inputs or insurance to farmers, there are no information sharing platforms to guide in contracting farmers thus exposing buyers to risks of contract default. The author also finds that farmers prefer contracts that address their social needs as seen in their choice of contracts with funeral expenses insurance. Such attributes could strengthen the relationship between farmers and buying companies. Sustainable contract schemes require designing contracts that are acceptable to both farmers and buyers by balancing risks between the parties. Successful contract relationships have to build business relationships and foster mutual trust by developing standardized grading systems and information sharing platforms for buyers and farmers to guide selection into the schemes. To minimize side-selling, companies can advance cash credit to liquidity constrained farmers, but this must be accompanied by stronger contract enforcement mechanisms.