Index Insurance and Presented by: Satellites: the IRI Daniel - PowerPoint PPT Presentation

May 11, 2023 •114 likes •183 views

Integration, participation, and science in resilience building: Taking the leap forward Index Insurance and Presented by: Satellites: the IRI Daniel Osgood, Lead Scientist Financial Instruments Sector Team Perspective deo@iri.columbia.edu

Integration, participation, and science in resilience building: Taking the leap forward Index Insurance and Presented by: Satellites: the IRI Daniel Osgood, Lead Scientist Financial Instruments Sector Team Perspective deo@iri.columbia.edu Daniel Osgood, Lead Scientist Iri.columbia.edu/fi Financial Instruments Sector Team deo@iri.columbia.edu Glen Cove, June 2017
Climate Risk and Adaptation Climate change: more bad years Adaptation: increase productivity in normal years to cover bad year loss But strategies that increase productivity in most years face increased risk in bad years Threat of 1 drought year out of 5 prevents other 4 from being much more productive Key to adaptation is to relax risk of bad year to unlock productivity options Complimentary efforts Individual, bank, meso, macro, international Insurance, Disaster Preparedness, Humanitarian response NEED TO INTERCONNECT
Games, exercises, formal farmer/partner leadership
Software (and experts) process farmer/stakeholder and satellite data
Farmer information in Seasonal Monitoring and project design Does the evidence agree? Met offices, Farmers, Satellite rainfall, Soil Moisture, Veg, Crop models, Crop cycle, yield Materials that take everyone through each step, built together: Validate, improve insurance, sync actions Link insurance, practices, disaster prep/response Crowdsourcing contests, big data learning systems
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