14 May 2017

Scaling Up Agricultural Adaptation through Insurance

Starts: 14 May 2017, 9.00

Ends: 14 May 2017, 17.00

Location: Hilton Hotel, Bonn, Germany, in parallel with SBSTA46

Scaling Up Agricultural Adaptation through Insurance:

Bringing together insurance, big data and agricultural innovation

14th May 2017, 9.00 – 17.00

 

Register for this complimentary event by visiting bit.ly/2qHFbfs or by emailing r.septivita@cgiar.org.

Insurance sector insiders will join experts in agriculture and climate change to discuss untapped opportunities for scaling up protection policies against climate change losses. This one-day event will focus on practical, collaborative solutions for extending index-based agricultural insurance schemes beyond those being piloted in Bangladesh, Ethiopia, Guatemala, Honduras, India and Nigeria. Taking place alongside the UN’s annual May climate change conference, this important session will promote cross-sector cooperation to protect more lives and livelihoods against increasingly erratic weather patterns.

High-level speakers at the event include:

  • Bruce Campbell, Director, Climate Change, Agriculture and Food Security (CCAFS) research program
  • Olga Speckhardt, Head of Global Insurance Solutions, Syngenta Foundation for Sustainable Agriculture
  • Jon Hellin, Value Chain and Poverty Specialist, International Maize and Wheat Improvement Center (CIMMYT)
  • Jim Hansen, Flagship Leader, Climate Risk Management, Climate Change, Agriculture and Food Security (CCAFS)
  • Annette Detken, Head of Division, KfW Development Bank
  • Ishmael Sunga, CEO, Southern African Confederation of Agricultural Unions (SACAU)

Increasingly frequent extreme weather and climate shifts pose a serious threat to already vulnerable livelihoods in the developing world. Between 2004-2014, farmers bore the brunt of the US$100 billion cost of climate-related disasters. Traditional insurance schemes rely on physical verification of losses, which is costly and not viable for many remote rural smallholders. Considerable progress has been made in index-based agricultural insurance, which links payouts to scientific ‘triggers’ or thresholds beyond which agricultural production begin to suffer.

Given the rising number of index-based agricultural insurance initiatives globally, the pace of change in science and technology, and interest in insurance as means to adapt to climate change, now is the moment to pull together all parties and find ways to scale up successfully.

Hosted by the CGIAR research program on Climate Change, Agriculture and Food Security (CCAFS), the Technical Centre for Agricultural and Rural Cooperation (CTA) and the Syngenta Foundation for Sustainable Agriculture (SFSA), this event will be an important addition to the annual UNFCCC Subsidiary Body for Scientific and Technological Advice (SBSTA) fortnight in Bonn.

Register for this complimentary event by visiting bit.ly/2qHFbfs or emailing r.septivita@cgiar.org.

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