BANGLADESH: BUILDING AN INDEX INSURANCE COMMUNITY

Source: Flickr (CARE EDU)

The following is an excerpted version of a story originally published on the  CGIAR- CCAFS website.

“But why do you want to buy index insurance?” asked the International Food Policy Research Institute (IFPRI) index insurance pilot representative in the Bogra region of Bangladesh. “You already irrigate if there’s a dry spell – you are already protected against drought.” The farmer replied “the answer is simple. We can use the insurance to pay for the irrigation in a drought year which will allow us to better manage our farms”.

Continue reading the story on CGIAR-CCAFS website