Occasional bouts of volatility in EM fixed income only reinforce this perception. There will be no major bond index implications from recent US sanctions against Venezuela. Kenya has to vote again as the Judiciary asserts itself.
Enabling environments Introduction Enabling environments for climate-smart agriculture CSA are the framework conditions that facilitate and support the adoption of climate-smart technologies and practices.
They include policies, institutional arrangements, stakeholder involvement and gender considerations, infrastructure, insurance schemes, as well as access to weather information and advisory services. An enabling environment may provide the laws, regulations and incentives, which assures that the reorientation and transformation towards climate-smart agriculture proceeds effectively and sustainably.
It helps build institutional capacity at all levels and reduces the risks that deter farmers from investing in new technologies and practices. Experience has shown that investing in the enabling environment is essential for implementing CSA at larger scales.
Index-based insurance Introduction Small-scale farmers and pastoralists in low-income countries are often trapped in poverty because they are unable to make investments in improved agricultural practices due to weather-related risks.
Agricultural insurance, an attractive approach to managing such risks, normally relies on direct measurement of the loss or damage suffered by each and every farmer.
However, field loss assessment is costly and time consuming, particularly where there are a large number of small-scale farmers or pastoralists who can ill afford the inevitable delay in payments Greatrex et al.
The payouts can be made quickly and with less administrative costs and lower premiums than is typical for conventional crop insurance.
Typical features of rainfall-based index insurance for crops are IFAD b: A trigger weather measurement is set e.
A lump sum or an incremental payment is made e. A limit of the measured parameter is set e. The period of insurance is stated in the contract and coincides with the crop growth period; possibly divided into phases, with each phase having its own trigger, increment and limit.
Contribution to CSA Productivity: Index insurance, often coupled with access to credit, allows farmers to take additional risks and to invest in improved practices that increase productivity and food securityeven in a situation of adverse weather conditions.
Adaptation through short-term climate risk management: In many parts of the world, rainfall is very variable both in total seasonal amounts and distribution patterns.
Under such conditions, farmers inevitably experience the risk of livestock loss, crop yield reduction or crop failure. Adaptation through longer term climate risk management: Climate change projections suggest that in many regions, rainfall amounts are likely to decline and rainfall variability to increase.
In such regions, index insurance will become an increasingly important adaptation strategy, but premiums may also have to increase. This will depend on the degree to which insured farmers are able to invest in improved production practices which either enhance carbon sequestration or reduce greenhouse gas GHG emissions.
Scaling up index insurance for smallholder farmers: Recent evidence and insights. A few common features appear to have contributed to recent progress within these case studies: Evidence from these case studies can inform the ongoing debate about the viability of scaling up index-based insurance for vulnerable smallholder farmers in the developing world.
The rapid progress observed in recent years suggests that index insurance has the potential to benefit smallholder farmers at a meaningful scale, and suggests the need to reassess arguments that lack of demand and practical implementation challenges prevent index-based insurance from being a useful tool to reduce rural poverty.
Weather Index-based Insurance in Agricultural Development: This technical guide translates the findings and experience to date into practical decision-making steps for IFAD and WFP country programme management staff and other donors interested in promoting this risk mitigation tool.
Index-based weather insurance for developing countries: A review of evidence and a set of propositions for up-scaling. Ferdi Working Paper No. While impacts have typically been positive where uptake has occurred, uptake has generally been low and in most cases under conditions that were not sustainable.
This paper addresses the reasons for this current discrepancy between promise and reality, including the following: The theoretical appeal of index-based insurance, b. The impact value of index insurance where implemented, c.
The Reasons for low uptake, d. Current advances in design and implementation, e. Public-Private Partnerships for insurance take-up, f.
Policy implications for scaling-up. In India, national index insurance programmes have reached over 30 million farmers through a mandatory link with agricultural credit institutions and strong government support.
In East Africa Kenya, Rwanda and Tanzaniathe Agriculture and Climate Risk Enterprise ACRE has recently scaled up to reach nearlyfarmers, and has successfully bundled index insurance with agricultural credit and farm inputs. In Ethiopia and Senegal, the R4 Rural Resilience Initiative has scaled up unsubsidized index insurance to over 20, poor smallholder farmers who were previously considered uninsurable, using insurance as an integral part of a comprehensive risk management portfolio.India takes great pride in describing itself as the world's largest democracy.
However, this democracy is meaningful significantly because it is encapsulated in a federal structure. A nail in the coffin for the largest QE trade Weekly investor research.
29 October The rise in US company costs exposed by the latest round of results is by far the most important change in the global financial landscape in the past couple of weeks.
Financial inclusion is emerging as a new paradigm of economic growth that plays major role in driving away the poverty from the country.
It refers to delivery of banking services to masses including privileged and disadvantaged people . Financial Inclusion –Present Scenario in India with Nachiket Mor Committee Vision financial Inclusion in initiativeblog.com financial Inclusion involves high cost and study will discuss the major important objective of the Nation for Financial Stability, RBI And Govt.
Financial inclusion is important priority of the country in terms of economic growth and advanceness of society. It enables to reduce the gap between rich and poor population. In the current scenario financial institutions are the robust pillars of progress, economic growth and development of the economy.
FINANCIAL INCLUSION IN INDIA- IMPACT & CHALLENGES Financial inclusion in India – The way forward ABSTRACT: The government of India & RBI has out with a major initiative towards ensuring the inclusive growth through financial inclusion so that the access .