This innovative satellite-based insurance is helping farmers cope with flood risks
Resource details
Resource ID
9395
Access
Open
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admin
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Climate change floods satellite data Index Based Flood Insurance smallholder farmers
Date
02 December 20
Country
Bangladesh, India
Summary
Thousands of farmers in India and Bangladesh have been compensated for flood damage to their crops, thanks to innovative satellite-based insurance developed by IWMI scientists. Between 2017 and 2020, farmers from 7000 households in Bihar, India, and Gaibandha, Kurigram and Sirajganj districts in Bangladesh, shared a total payout of 150,000 USD.
Source
Global Center on Adaptation
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