Increasing Agricultural Resilience through Better Risk Management in Zambia

A proper understanding of the risks faced by the agricultural sector and effective strategies to manage those risks is vital to creating a diversified and resilient economy for sustained growth and economic transformation. Increasing Agricultural R...

Full description

Bibliographic Details
Main Authors:	Braimoh, Ademola, Mwanakasale, Alex, Chapoto, Antony, Rubaiza, Rhoda, Chisanga, Brian, Mubanga, Ngao, Samboko, Paul, Giertz, Asa, Obuya, Grace
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2018
Subjects:	AGRICULTURAL SECTOR CLIMATE SMART AGRICULTURE RISK MANAGEMENT RISKS AGRICULTURAL PRODUCTIVITY CROPS LIVESTOCK STAKEHOLDER INTERESTS VULNERABILITY VULNERABLE NATURAL RESOURCES CIVIL SOCIETY AGRICULTURAL EXTENSION AGRICULTURAL FINANCE MARKET ACCESS
Online Access:	http://documents.worldbank.org/curated/en/330211524725320524/Increasing-agricultural-resilience-through-better-risk-management-in-Zambia http://hdl.handle.net/10986/29779

id	okr-10986-29779
recordtype	oai_dc
spelling	okr-10986-297792021-05-25T09:14:17Z Increasing Agricultural Resilience through Better Risk Management in Zambia Braimoh, Ademola Mwanakasale, Alex Chapoto, Antony Rubaiza, Rhoda Chisanga, Brian Mubanga, Ngao Samboko, Paul Giertz, Asa Obuya, Grace AGRICULTURAL SECTOR CLIMATE SMART AGRICULTURE RISK MANAGEMENT RISKS AGRICULTURAL PRODUCTIVITY CROPS LIVESTOCK STAKEHOLDER INTERESTS VULNERABILITY VULNERABLE NATURAL RESOURCES CIVIL SOCIETY AGRICULTURAL EXTENSION AGRICULTURAL FINANCE MARKET ACCESS A proper understanding of the risks faced by the agricultural sector and effective strategies to manage those risks is vital to creating a diversified and resilient economy for sustained growth and economic transformation. Increasing Agricultural Resilience through Better Risk Management in Zambia provides a rigorous analysis of the production, marketing, and enabling environment risks faced by Zambia’s agricultural sector and prioritizes solutions to manage the risks. In terms of the severity and frequency of adverse impacts, the analysis shows that droughts, floods, price volatilities, and trade restrictions are the principal risks affecting agriculture in the country. Exposure to the consequences of these and other risks can be effectively limited through risk management systems tailored to the country’s context. Three areas of risk management are found to warrant priority, with significant potential for synergizing actions undertaken across them: Strengthen early warning system to detect threats to food security; Develop climate-smart agriculture and increase resilience to climate-related shocks through diversification; and Develop the Zambian Commodity Exchange (ZAMACE) and build a shock-responsive safety net. 2018-05-03T19:56:10Z 2018-05-03T19:56:10Z 2018-04-01 Report http://documents.worldbank.org/curated/en/330211524725320524/Increasing-agricultural-resilience-through-better-risk-management-in-Zambia http://hdl.handle.net/10986/29779 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Other Agriculture Study Economic & Sector Work Africa Zambia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	AGRICULTURAL SECTOR CLIMATE SMART AGRICULTURE RISK MANAGEMENT RISKS AGRICULTURAL PRODUCTIVITY CROPS LIVESTOCK STAKEHOLDER INTERESTS VULNERABILITY VULNERABLE NATURAL RESOURCES CIVIL SOCIETY AGRICULTURAL EXTENSION AGRICULTURAL FINANCE MARKET ACCESS
spellingShingle	AGRICULTURAL SECTOR CLIMATE SMART AGRICULTURE RISK MANAGEMENT RISKS AGRICULTURAL PRODUCTIVITY CROPS LIVESTOCK STAKEHOLDER INTERESTS VULNERABILITY VULNERABLE NATURAL RESOURCES CIVIL SOCIETY AGRICULTURAL EXTENSION AGRICULTURAL FINANCE MARKET ACCESS Braimoh, Ademola Mwanakasale, Alex Chapoto, Antony Rubaiza, Rhoda Chisanga, Brian Mubanga, Ngao Samboko, Paul Giertz, Asa Obuya, Grace Increasing Agricultural Resilience through Better Risk Management in Zambia
geographic_facet	Africa Zambia
description	A proper understanding of the risks faced by the agricultural sector and effective strategies to manage those risks is vital to creating a diversified and resilient economy for sustained growth and economic transformation. Increasing Agricultural Resilience through Better Risk Management in Zambia provides a rigorous analysis of the production, marketing, and enabling environment risks faced by Zambia’s agricultural sector and prioritizes solutions to manage the risks. In terms of the severity and frequency of adverse impacts, the analysis shows that droughts, floods, price volatilities, and trade restrictions are the principal risks affecting agriculture in the country. Exposure to the consequences of these and other risks can be effectively limited through risk management systems tailored to the country’s context. Three areas of risk management are found to warrant priority, with significant potential for synergizing actions undertaken across them: Strengthen early warning system to detect threats to food security; Develop climate-smart agriculture and increase resilience to climate-related shocks through diversification; and Develop the Zambian Commodity Exchange (ZAMACE) and build a shock-responsive safety net.
format	Report
author	Braimoh, Ademola Mwanakasale, Alex Chapoto, Antony Rubaiza, Rhoda Chisanga, Brian Mubanga, Ngao Samboko, Paul Giertz, Asa Obuya, Grace
author_facet	Braimoh, Ademola Mwanakasale, Alex Chapoto, Antony Rubaiza, Rhoda Chisanga, Brian Mubanga, Ngao Samboko, Paul Giertz, Asa Obuya, Grace
author_sort	Braimoh, Ademola
title	Increasing Agricultural Resilience through Better Risk Management in Zambia
title_short	Increasing Agricultural Resilience through Better Risk Management in Zambia
title_full	Increasing Agricultural Resilience through Better Risk Management in Zambia
title_fullStr	Increasing Agricultural Resilience through Better Risk Management in Zambia
title_full_unstemmed	Increasing Agricultural Resilience through Better Risk Management in Zambia
title_sort	increasing agricultural resilience through better risk management in zambia
publisher	World Bank, Washington, DC
publishDate	2018
url	http://documents.worldbank.org/curated/en/330211524725320524/Increasing-agricultural-resilience-through-better-risk-management-in-Zambia http://hdl.handle.net/10986/29779
_version_	1764470222698315776

Increasing Agricultural Resilience through Better Risk Management in Zambia

Similar Items