Insurance schemes in the agriculture sector to address climate change impacts

Abstract: As climate change inflates residual risk and budgetary constraints limit the ability of the public sector to address damage compensations, insurance is called to play an increasingly relevant role in compensating natural hazards damages. Public Private Partnerships can support the development of insurance schemes that hedge a larger number of farmers and expand risk coverage, including risks to the environment. This paper surveys the insurance landscape, introduces the more relevant challenges for insurance expansion and explores potential solutions.

You can find the reflection paper here