Project
Weather Insurance, Price Information and Hedging: Financial Initiatives to Help the Poor Manage Agricultural Risk
Details
Project Code:
Not Available
Start Date:
2007/10/01
End Date:
2011/09/01
CRSP Phase:
Phase 3
Budget:
$840,172
Countries:
India
Participants
Lead University:
Harvard 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
Links
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