New study proves index based insurance can work for rural poor on large scale

The new study, carried out by the CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS) and the International Center for Climate and Society (IRI) at Columbia University showcases projects that have overcome many of the challenges that have previously hindered the uptake of index-based insurance, such as poor infrastructure and lack of financing, and have gone on to scale to reach millions of smallholder farmers in some of the poorest areas of the world, many of which were previously considered uninsurable…