Assessment of Innovative Approaches to Flood Risk Management and Financing in Agriculture : The Thailand Case Study
The World Bank recently conducted research and concept-testing activities to investigate the expansion of the index approach from drought to flood. The main objective was to assess prerequisite conditions, as well as practical and efficient methods...
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Format: | Other Agricultural Study |
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2013
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Online Access: | http://documents.worldbank.org/curated/en/2009/05/16461314/briefing-note-assessment-innovative-approaches-flood-risk-management-financing-agriculture-thailand-case-study http://hdl.handle.net/10986/12704 |
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okr-10986-127042021-04-23T14:03:05Z Assessment of Innovative Approaches to Flood Risk Management and Financing in Agriculture : The Thailand Case Study World Bank ADAPTATION ADVERSE SELECTION AGRICULTURAL INSURANCE AGRICULTURAL PRODUCTION ALLUVIAL PLAINS BANKS BASINS CATASTROPHIC IMPACT CLIMATE CLIMATE CHANGE CROP DAMAGE CROP LOSSES DAMAGES DATABASE ON DISASTER DISASTER DISASTER COMPENSATION DISASTER PREVENTION DISASTER REDUCTION DISASTER RISK DISASTER RISK MANAGEMENT DISASTER RISK REDUCTION DISASTER RISKS DISASTER ZONES DROUGHT DROUGHT RISK EARLY WARNING EARTHQUAKE EXTREME FLOOD FARMER FARMERS FLASH FLOOD FLASH FLOODS FLOOD FLOOD CONTROL FLOOD CONTROL INFRASTRUCTURE FLOOD DEPTH FLOOD DETECTION FLOOD EVENT FLOOD EVENTS FLOOD HAZARD FLOOD INSURANCE FLOOD INUNDATION FLOOD LOSSES FLOOD MANAGEMENT FLOOD MODEL FLOOD PLAIN FLOOD PLAINS FLOOD PRONE AREAS FLOOD RISK FLOOD RISK ASSESSMENT FLOOD WATERS FLOOD YEARS FLOOD ZONES FLOODING FLOODS FOOD SECURITY GLOBAL FACILITY FOR DISASTER REDUCTION IMPACT OF FLOODS INFORMATION SYSTEM INFORMATION SYSTEMS INSURANCE COMPANIES INTERNATIONAL STRATEGY FOR DISASTER REDUCTION LANDSLIDE MITIGATION MITIGATION STRATEGIES NATURAL DISASTERS PEAK FLOWS RAINFALL DATA REINSURANCE RISK ASSESSMENT RISK EXPOSURE VOLCANO WEATHER WEATHER DATA WEATHER INSURANCE WEATHER STATION WEATHER STATIONS The World Bank recently conducted research and concept-testing activities to investigate the expansion of the index approach from drought to flood. The main objective was to assess prerequisite conditions, as well as practical and efficient methods, to conceptualize and potentially implement index-based insurance for agricultural flood losses. In addition, the work assessed how modern technologies such as flood modeling and remote sensing-which are widely used to support flood risk mapping, and flood detection, warning and control-could be harnessed to support the design of such flood insurance programs for rural clients. This paper summarizes the findings from work carried out from September 2005 to April 2008 in the Muang Petchaboon District of the Petchaboon province in Thailand. The next section illustrates the importance of flood risk in agriculture and challenges in providing flood insurance. The following section describes the flood index insurance concept and methodology that were tested during the feasibility study. Section four highlights the findings from the Petchaboon province of Thailand, and the final section synthesizes lessons learned and recommends areas for future research and applications. Finally, it is important to recognize that the process of quantifying weather risk, and of creating an operational system which combines risk and asset information, have much broader applications than simply for index-based weather insurance or other risk transfer solutions. 2013-03-14T00:52:23Z 2013-03-14T00:52:23Z 2009-05 http://documents.worldbank.org/curated/en/2009/05/16461314/briefing-note-assessment-innovative-approaches-flood-risk-management-financing-agriculture-thailand-case-study http://hdl.handle.net/10986/12704 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Agricultural Study Economic & Sector Work East Asia and Pacific South Asia Thailand |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
ADAPTATION ADVERSE SELECTION AGRICULTURAL INSURANCE AGRICULTURAL PRODUCTION ALLUVIAL PLAINS BANKS BASINS CATASTROPHIC IMPACT CLIMATE CLIMATE CHANGE CROP DAMAGE CROP LOSSES DAMAGES DATABASE ON DISASTER DISASTER DISASTER COMPENSATION DISASTER PREVENTION DISASTER REDUCTION DISASTER RISK DISASTER RISK MANAGEMENT DISASTER RISK REDUCTION DISASTER RISKS DISASTER ZONES DROUGHT DROUGHT RISK EARLY WARNING EARTHQUAKE EXTREME FLOOD FARMER FARMERS FLASH FLOOD FLASH FLOODS FLOOD FLOOD CONTROL FLOOD CONTROL INFRASTRUCTURE FLOOD DEPTH FLOOD DETECTION FLOOD EVENT FLOOD EVENTS FLOOD HAZARD FLOOD INSURANCE FLOOD INUNDATION FLOOD LOSSES FLOOD MANAGEMENT FLOOD MODEL FLOOD PLAIN FLOOD PLAINS FLOOD PRONE AREAS FLOOD RISK FLOOD RISK ASSESSMENT FLOOD WATERS FLOOD YEARS FLOOD ZONES FLOODING FLOODS FOOD SECURITY GLOBAL FACILITY FOR DISASTER REDUCTION IMPACT OF FLOODS INFORMATION SYSTEM INFORMATION SYSTEMS INSURANCE COMPANIES INTERNATIONAL STRATEGY FOR DISASTER REDUCTION LANDSLIDE MITIGATION MITIGATION STRATEGIES NATURAL DISASTERS PEAK FLOWS RAINFALL DATA REINSURANCE RISK ASSESSMENT RISK EXPOSURE VOLCANO WEATHER WEATHER DATA WEATHER INSURANCE WEATHER STATION WEATHER STATIONS |
spellingShingle |
ADAPTATION ADVERSE SELECTION AGRICULTURAL INSURANCE AGRICULTURAL PRODUCTION ALLUVIAL PLAINS BANKS BASINS CATASTROPHIC IMPACT CLIMATE CLIMATE CHANGE CROP DAMAGE CROP LOSSES DAMAGES DATABASE ON DISASTER DISASTER DISASTER COMPENSATION DISASTER PREVENTION DISASTER REDUCTION DISASTER RISK DISASTER RISK MANAGEMENT DISASTER RISK REDUCTION DISASTER RISKS DISASTER ZONES DROUGHT DROUGHT RISK EARLY WARNING EARTHQUAKE EXTREME FLOOD FARMER FARMERS FLASH FLOOD FLASH FLOODS FLOOD FLOOD CONTROL FLOOD CONTROL INFRASTRUCTURE FLOOD DEPTH FLOOD DETECTION FLOOD EVENT FLOOD EVENTS FLOOD HAZARD FLOOD INSURANCE FLOOD INUNDATION FLOOD LOSSES FLOOD MANAGEMENT FLOOD MODEL FLOOD PLAIN FLOOD PLAINS FLOOD PRONE AREAS FLOOD RISK FLOOD RISK ASSESSMENT FLOOD WATERS FLOOD YEARS FLOOD ZONES FLOODING FLOODS FOOD SECURITY GLOBAL FACILITY FOR DISASTER REDUCTION IMPACT OF FLOODS INFORMATION SYSTEM INFORMATION SYSTEMS INSURANCE COMPANIES INTERNATIONAL STRATEGY FOR DISASTER REDUCTION LANDSLIDE MITIGATION MITIGATION STRATEGIES NATURAL DISASTERS PEAK FLOWS RAINFALL DATA REINSURANCE RISK ASSESSMENT RISK EXPOSURE VOLCANO WEATHER WEATHER DATA WEATHER INSURANCE WEATHER STATION WEATHER STATIONS World Bank Assessment of Innovative Approaches to Flood Risk Management and Financing in Agriculture : The Thailand Case Study |
geographic_facet |
East Asia and Pacific South Asia Thailand |
description |
The World Bank recently conducted
research and concept-testing activities to investigate the
expansion of the index approach from drought to flood. The
main objective was to assess prerequisite conditions, as
well as practical and efficient methods, to conceptualize
and potentially implement index-based insurance for
agricultural flood losses. In addition, the work assessed
how modern technologies such as flood modeling and remote
sensing-which are widely used to support flood risk mapping,
and flood detection, warning and control-could be harnessed
to support the design of such flood insurance programs for
rural clients. This paper summarizes the findings from work
carried out from September 2005 to April 2008 in the Muang
Petchaboon District of the Petchaboon province in Thailand.
The next section illustrates the importance of flood risk in
agriculture and challenges in providing flood insurance. The
following section describes the flood index insurance
concept and methodology that were tested during the
feasibility study. Section four highlights the findings from
the Petchaboon province of Thailand, and the final section
synthesizes lessons learned and recommends areas for future
research and applications. Finally, it is important to
recognize that the process of quantifying weather risk, and
of creating an operational system which combines risk and
asset information, have much broader applications than
simply for index-based weather insurance or other risk
transfer solutions. |
format |
Economic & Sector Work :: Other Agricultural Study |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Assessment of Innovative Approaches to Flood Risk Management and Financing in Agriculture : The Thailand Case Study |
title_short |
Assessment of Innovative Approaches to Flood Risk Management and Financing in Agriculture : The Thailand Case Study |
title_full |
Assessment of Innovative Approaches to Flood Risk Management and Financing in Agriculture : The Thailand Case Study |
title_fullStr |
Assessment of Innovative Approaches to Flood Risk Management and Financing in Agriculture : The Thailand Case Study |
title_full_unstemmed |
Assessment of Innovative Approaches to Flood Risk Management and Financing in Agriculture : The Thailand Case Study |
title_sort |
assessment of innovative approaches to flood risk management and financing in agriculture : the thailand case study |
publisher |
Washington, DC |
publishDate |
2013 |
url |
http://documents.worldbank.org/curated/en/2009/05/16461314/briefing-note-assessment-innovative-approaches-flood-risk-management-financing-agriculture-thailand-case-study http://hdl.handle.net/10986/12704 |
_version_ |
1764421597095002112 |