RISK MANAGEMENT

A new study provides insights into gender differences and welfare benefits from rural nonfarm enterprises, a crucial part of the PNG’s rural economy.

Technology and data on farming conditions can help reduce exposure to risk. Fourth blog in the series in connection with the UN Climate Change Conference (COP25).

Farmers are exposed to multiple risks, which reinforce each other. Yet, most studies to date have focused on one source of risk only.

Shifting from volatile staples to more climate change-resistant crops such as groundnuts and adjusting land use in response to risks can offset falling yields, research suggests.

Millions of smallholder farmers around the world lack access to affordable insurance - their farms are often too small and too remote for insurers to economically verify damage. In collaboration with the private sector and the development community, researchers have been looking for alternative types of insurance that do not require insurance companies to verify damage on a case-by-case basis.