Assessment of Innovative Approaches for Flood Risk Management and Financing in Agriculture
Floods are a major source of risk for the agricultural sector. Flood risk in the agricultural sector primarily arises from river flooding, flash floods, and coastal flooding. The impacts of floods can result in sizable agricultural damages at the l...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/381571468335941486/Assessment-of-innovative-approaches-for-flood-risk-management-and-financing-in-agriculture http://hdl.handle.net/10986/27577 |
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okr-10986-27577 |
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oai_dc |
| 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 |
ALGAL BEDS ANCHOVY AQUACULTURE AQUATIC RESOURCES ARTISANAL FISHERY BAY BIOMASS BOTTOM TRAWLS BRACKISH WATER CAPTURE FISHERIES CATCH OF JUVENILES CATCH PER UNIT CATCH PER UNIT EFFORT CLIMATE CHANGE COASTAL AREAS COASTAL FISHERY COASTLINE COMPARATIVE ANALYSIS CORALS CRAB CRAB FISHERIES CRABS DEVELOPED COUNTRIES DIVING DOLPHINS ECOLOGY ECONOMETRICS ECONOMIC ANALYSIS ECONOMIC CONDITIONS ECONOMIC SITUATION ECONOMIC SUSTAINABILITY ENDANGERED SPECIES ENVIRONMENTAL ENVIRONMENTAL CONDITIONS ENVIRONMENTAL PERFORMANCE FINFISH FISH FISH STOCK FISHED FISHERIES GOVERNANCE FISHERIES MANAGEMENT FISHERIES MANAGEMENT SYSTEM FISHERIES PORTFOLIO FISHERIES RESOURCES FISHERIES SECTOR FISHERIES SECTORS FISHERIES SERVICES FISHERMAN FISHERMEN FISHERS FISHERY FISHERY INDUSTRY FISHERY MANAGEMENT FISHERY MANAGEMENT SYSTEM FISHERY MANAGERS FISHERY PRODUCT FISHERY PRODUCTS FISHERY RESOURCE FISHERY RESOURCES FISHING FISHING BOATS FISHING GEAR FISHING GEARS FISHING GROUNDS FISHING INDUSTRY FISHING METHODS FISHING SEASONS FISHING VESSELS FOOD SERVICE GROSS EARNINGS GULF INDUSTRIAL FISHERIES INLAND FISHERIES INLAND WATERS INTERNATIONAL TRADE ISLAND LANDING LANDINGS LOBSTER LOBSTER FISHERIES MANGROVE MARINE ENVIRONMENT MARINE FISHERIES MARINE RESOURCE MARINE STEWARDSHIP MAXIMUM SUSTAINABLE YIELD MOLLUSKS MSY NATIONAL FISHERIES NATIONAL MARINE FISHERIES NATURAL RESOURCE NATURAL RESOURCE ECONOMICS OCEANS OIL OVERFISHING OYSTER OYSTERS PACIFIC OCEAN PARTNERSHIP PERMIT SYSTEM PERUVIAN ANCHOVY POLLUTION PORTFOLIO PRICE DIFFERENCES PRODUCERS PROPERTY RIGHTS PUBLIC GOODS REFRIGERATION RESOURCE MANAGEMENT RESOURCE USE RURAL DEVELOPMENT SALMON SCIENTIFIC DATA SEA SEA CUCUMBER SEAFOOD SEAFOOD MARKETS SEAFOOD TRADE SEAGRASS SEAWEED SHARKS SHORELINE SHRIMP SI SMALL-SCALE FISHERIES SPAWNING SPONGES STOCK ASSESSMENT STOCK RECOVERY STRAIT SUSTAINABLE DEVELOPMENT SUSTAINABLE FISHERIES TARGET SPECIES TILAPIA TOTAL CATCH TSUNAMI TUNA VESSEL WAGES WATERS |
| spellingShingle |
ALGAL BEDS ANCHOVY AQUACULTURE AQUATIC RESOURCES ARTISANAL FISHERY BAY BIOMASS BOTTOM TRAWLS BRACKISH WATER CAPTURE FISHERIES CATCH OF JUVENILES CATCH PER UNIT CATCH PER UNIT EFFORT CLIMATE CHANGE COASTAL AREAS COASTAL FISHERY COASTLINE COMPARATIVE ANALYSIS CORALS CRAB CRAB FISHERIES CRABS DEVELOPED COUNTRIES DIVING DOLPHINS ECOLOGY ECONOMETRICS ECONOMIC ANALYSIS ECONOMIC CONDITIONS ECONOMIC SITUATION ECONOMIC SUSTAINABILITY ENDANGERED SPECIES ENVIRONMENTAL ENVIRONMENTAL CONDITIONS ENVIRONMENTAL PERFORMANCE FINFISH FISH FISH STOCK FISHED FISHERIES GOVERNANCE FISHERIES MANAGEMENT FISHERIES MANAGEMENT SYSTEM FISHERIES PORTFOLIO FISHERIES RESOURCES FISHERIES SECTOR FISHERIES SECTORS FISHERIES SERVICES FISHERMAN FISHERMEN FISHERS FISHERY FISHERY INDUSTRY FISHERY MANAGEMENT FISHERY MANAGEMENT SYSTEM FISHERY MANAGERS FISHERY PRODUCT FISHERY PRODUCTS FISHERY RESOURCE FISHERY RESOURCES FISHING FISHING BOATS FISHING GEAR FISHING GEARS FISHING GROUNDS FISHING INDUSTRY FISHING METHODS FISHING SEASONS FISHING VESSELS FOOD SERVICE GROSS EARNINGS GULF INDUSTRIAL FISHERIES INLAND FISHERIES INLAND WATERS INTERNATIONAL TRADE ISLAND LANDING LANDINGS LOBSTER LOBSTER FISHERIES MANGROVE MARINE ENVIRONMENT MARINE FISHERIES MARINE RESOURCE MARINE STEWARDSHIP MAXIMUM SUSTAINABLE YIELD MOLLUSKS MSY NATIONAL FISHERIES NATIONAL MARINE FISHERIES NATURAL RESOURCE NATURAL RESOURCE ECONOMICS OCEANS OIL OVERFISHING OYSTER OYSTERS PACIFIC OCEAN PARTNERSHIP PERMIT SYSTEM PERUVIAN ANCHOVY POLLUTION PORTFOLIO PRICE DIFFERENCES PRODUCERS PROPERTY RIGHTS PUBLIC GOODS REFRIGERATION RESOURCE MANAGEMENT RESOURCE USE RURAL DEVELOPMENT SALMON SCIENTIFIC DATA SEA SEA CUCUMBER SEAFOOD SEAFOOD MARKETS SEAFOOD TRADE SEAGRASS SEAWEED SHARKS SHORELINE SHRIMP SI SMALL-SCALE FISHERIES SPAWNING SPONGES STOCK ASSESSMENT STOCK RECOVERY STRAIT SUSTAINABLE DEVELOPMENT SUSTAINABLE FISHERIES TARGET SPECIES TILAPIA TOTAL CATCH TSUNAMI TUNA VESSEL WAGES WATERS Lotsch, Alexander Dick, William Manuamorn, Ornsaran Pomme Assessment of Innovative Approaches for Flood Risk Management and Financing in Agriculture |
| relation |
Agriculture and Rural Development Discussion Paper;46 |
| description |
Floods are a major source of risk for
the agricultural sector. Flood risk in the agricultural
sector primarily arises from river flooding, flash floods,
and coastal flooding. The impacts of floods can result in
sizable agricultural damages at the local level. Floods in
agricultural zones expose agricultural producers,
agricultural supply chains, rural financial institutions
(such as agricultural banks), and governments to financial
risks due to the loss of crops, delinquency on seasonal
production loans, damage to infrastructure and loss of
public revenues. The costs associated with these damages are
often absorbed by households directly or governments that
provide compensation to agricultural producers in the
aftermath of catastrophic flood events. Rural financial
institutions also absorb the cost of floods through loan
rescheduling or, in catastrophic cases, loan cancellation.
In many developing countries, floods are dealt with in a
reactive, rather than proactive, manner and little is done
to be financially prepared for a catastrophic outcome of
floods. Going forward, government and donors can play an
important role to facilitate the development of risk
spreading mechanisms in general and agricultural flood
insurance in particular. First, this includes investment in
the generation of public goods to support disaster risk
reduction and recovery, risk management, and ultimately
insurance applications. Second, awareness building and risk
education are essential for better risk management and
insurance. In that vein, identifying and assessing flood
risk is critical first steps. Third, many of the
technologies described here have applications beyond
insurance, including for better planning, risk reduction,
early warning, and disaster response. Insurance can
complement such activities, but is only viable if carried
out jointly as part of a broader risk management framework.
Fourth, more research and technical assistance is needed to
develop simple and financially viable products for flood
risk transfer at aggregate levels; there is increasing
demand expressed for such products from flood-prone
countries. Finally, donors and government can support
international and regional centers involved in flood
modeling and facilitate a platform that convenes the
technical expertise required for flood risk insurance
development. Several of such centers and core expertises
were identified through this work. |
| format |
Working Paper |
| author |
Lotsch, Alexander Dick, William Manuamorn, Ornsaran Pomme |
| author_facet |
Lotsch, Alexander Dick, William Manuamorn, Ornsaran Pomme |
| author_sort |
Lotsch, Alexander |
| title |
Assessment of Innovative Approaches for Flood Risk Management and Financing in Agriculture |
| title_short |
Assessment of Innovative Approaches for Flood Risk Management and Financing in Agriculture |
| title_full |
Assessment of Innovative Approaches for Flood Risk Management and Financing in Agriculture |
| title_fullStr |
Assessment of Innovative Approaches for Flood Risk Management and Financing in Agriculture |
| title_full_unstemmed |
Assessment of Innovative Approaches for Flood Risk Management and Financing in Agriculture |
| title_sort |
assessment of innovative approaches for flood risk management and financing in agriculture |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/381571468335941486/Assessment-of-innovative-approaches-for-flood-risk-management-and-financing-in-agriculture http://hdl.handle.net/10986/27577 |
| _version_ |
1764464920620957696 |
| spelling |
okr-10986-275772021-04-23T14:04:43Z Assessment of Innovative Approaches for Flood Risk Management and Financing in Agriculture Lotsch, Alexander Dick, William Manuamorn, Ornsaran Pomme ALGAL BEDS ANCHOVY AQUACULTURE AQUATIC RESOURCES ARTISANAL FISHERY BAY BIOMASS BOTTOM TRAWLS BRACKISH WATER CAPTURE FISHERIES CATCH OF JUVENILES CATCH PER UNIT CATCH PER UNIT EFFORT CLIMATE CHANGE COASTAL AREAS COASTAL FISHERY COASTLINE COMPARATIVE ANALYSIS CORALS CRAB CRAB FISHERIES CRABS DEVELOPED COUNTRIES DIVING DOLPHINS ECOLOGY ECONOMETRICS ECONOMIC ANALYSIS ECONOMIC CONDITIONS ECONOMIC SITUATION ECONOMIC SUSTAINABILITY ENDANGERED SPECIES ENVIRONMENTAL ENVIRONMENTAL CONDITIONS ENVIRONMENTAL PERFORMANCE FINFISH FISH FISH STOCK FISHED FISHERIES GOVERNANCE FISHERIES MANAGEMENT FISHERIES MANAGEMENT SYSTEM FISHERIES PORTFOLIO FISHERIES RESOURCES FISHERIES SECTOR FISHERIES SECTORS FISHERIES SERVICES FISHERMAN FISHERMEN FISHERS FISHERY FISHERY INDUSTRY FISHERY MANAGEMENT FISHERY MANAGEMENT SYSTEM FISHERY MANAGERS FISHERY PRODUCT FISHERY PRODUCTS FISHERY RESOURCE FISHERY RESOURCES FISHING FISHING BOATS FISHING GEAR FISHING GEARS FISHING GROUNDS FISHING INDUSTRY FISHING METHODS FISHING SEASONS FISHING VESSELS FOOD SERVICE GROSS EARNINGS GULF INDUSTRIAL FISHERIES INLAND FISHERIES INLAND WATERS INTERNATIONAL TRADE ISLAND LANDING LANDINGS LOBSTER LOBSTER FISHERIES MANGROVE MARINE ENVIRONMENT MARINE FISHERIES MARINE RESOURCE MARINE STEWARDSHIP MAXIMUM SUSTAINABLE YIELD MOLLUSKS MSY NATIONAL FISHERIES NATIONAL MARINE FISHERIES NATURAL RESOURCE NATURAL RESOURCE ECONOMICS OCEANS OIL OVERFISHING OYSTER OYSTERS PACIFIC OCEAN PARTNERSHIP PERMIT SYSTEM PERUVIAN ANCHOVY POLLUTION PORTFOLIO PRICE DIFFERENCES PRODUCERS PROPERTY RIGHTS PUBLIC GOODS REFRIGERATION RESOURCE MANAGEMENT RESOURCE USE RURAL DEVELOPMENT SALMON SCIENTIFIC DATA SEA SEA CUCUMBER SEAFOOD SEAFOOD MARKETS SEAFOOD TRADE SEAGRASS SEAWEED SHARKS SHORELINE SHRIMP SI SMALL-SCALE FISHERIES SPAWNING SPONGES STOCK ASSESSMENT STOCK RECOVERY STRAIT SUSTAINABLE DEVELOPMENT SUSTAINABLE FISHERIES TARGET SPECIES TILAPIA TOTAL CATCH TSUNAMI TUNA VESSEL WAGES WATERS Floods are a major source of risk for the agricultural sector. Flood risk in the agricultural sector primarily arises from river flooding, flash floods, and coastal flooding. The impacts of floods can result in sizable agricultural damages at the local level. Floods in agricultural zones expose agricultural producers, agricultural supply chains, rural financial institutions (such as agricultural banks), and governments to financial risks due to the loss of crops, delinquency on seasonal production loans, damage to infrastructure and loss of public revenues. The costs associated with these damages are often absorbed by households directly or governments that provide compensation to agricultural producers in the aftermath of catastrophic flood events. Rural financial institutions also absorb the cost of floods through loan rescheduling or, in catastrophic cases, loan cancellation. In many developing countries, floods are dealt with in a reactive, rather than proactive, manner and little is done to be financially prepared for a catastrophic outcome of floods. Going forward, government and donors can play an important role to facilitate the development of risk spreading mechanisms in general and agricultural flood insurance in particular. First, this includes investment in the generation of public goods to support disaster risk reduction and recovery, risk management, and ultimately insurance applications. Second, awareness building and risk education are essential for better risk management and insurance. In that vein, identifying and assessing flood risk is critical first steps. Third, many of the technologies described here have applications beyond insurance, including for better planning, risk reduction, early warning, and disaster response. Insurance can complement such activities, but is only viable if carried out jointly as part of a broader risk management framework. Fourth, more research and technical assistance is needed to develop simple and financially viable products for flood risk transfer at aggregate levels; there is increasing demand expressed for such products from flood-prone countries. Finally, donors and government can support international and regional centers involved in flood modeling and facilitate a platform that convenes the technical expertise required for flood risk insurance development. Several of such centers and core expertises were identified through this work. 2017-07-17T18:58:42Z 2017-07-17T18:58:42Z 2010-01 Working Paper http://documents.worldbank.org/curated/en/381571468335941486/Assessment-of-innovative-approaches-for-flood-risk-management-and-financing-in-agriculture http://hdl.handle.net/10986/27577 English en_US Agriculture and Rural Development Discussion Paper;46 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research |