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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Main Author: World Bank
Format: Other Agricultural Study
Language:English
en_US
Published: Washington, DC 2013
Subjects:
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
id okr-10986-12704
recordtype oai_dc
spelling 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