Weather Insurance, Price Information and Hedging: Financial Initiatives to Help the Poor Manage Agricultural Risk

CRSP:   |  Region:   |  Topic:   |  Database:
Details

Project Code:
Not Available

Start Date:
2007/10/01

End Date:
2011/09/01

CRSP Phase:
Phase 3

Budget:
$840,172

Countries:

Participants

Lead University:

Other Partners:
Indian Institute of Management-Calcutta; The Center for Microfinance; The Self Employed Women's Association (SEWA); The National Commodity & Derivatives Exchange Limited (NCDEX) (India)

Principal Investigator(s):
Shawn Cole

Co-Principal Investigator(s):
Raghabendra Chattopadhyay

Overview

This project developed two complimentary initiatives to weaken poor farmer households’ susceptibility to output and price risk in an effort to increase their asset accumulation and productivity. This was achieved through weather insurance which linked farmers to spot and futures markets promoting forward-looking planting decisions and eventually the hedging of risk directly through commodity exchanges.

Objectives

Coming soon

Outcomes

Coming soon

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