Serious consideration about the efficacy and cost-effectiveness of an integrated social protection scheme that uses partial insurance subsidies to reduce vulnerability and incentivize investment should be kept in mind when conducting research. To help, defining climate change is important. Climate change is understood as an increase in frequency and severity of climate shocks. With these effects, vulnerability increases, making it all the more important to find an integrated social protection solution.
This presentation is related to the AMA Innovation Lab projects for the Microfinance Products for Weather Risk Management in Developing Countries. This workshop approaches the efforts and difficulties of pursuing index-based weather insurance as a sustainable market-based product.
This presentation took place in Paris, France on June 25, 2014.