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Satellite support to insure farmers against extreme droughts
Published by:
Online Location
https://www.nature.com/articles/s43016-021-00244-6
Publication date
23/03/2021
Language:
English
Type of Publication:
Articles & Journals
Focus Region:
Global
Focus Topic:
Rural Finance / Insurance
Information Technologies
Climate / Weather / Environment
Type of Risk:
Weather & Climate related
Type of Risk Managment Option:
Risk transfer
Commodity:
Crops
Author
Willemijn Vroege, Anton Vrieling & Robert Finger
ABSTRACT
Agricultural insurance is a valuable strategy to cope with extreme weather risks. Improved satellite observation capabilities can be particularly helpful with droughts, but will not translate into better insurance unless key challenges are overcome.