Increasing agricultural resilience and flood-proofing livelihoods in Bihar, India
Index-based ood insurance (IBFI) is an innovative approach to developing e ective payout schemes for low-income, ood-prone communities. This project aims to integrate hi-tech modelling and satellite imagery with other data to predetermine ood thresholds, which could trigger speedy compensation payouts. Effective end-to-end solutions will be developed in collaboration with a range of organizations and experts from central and state government bodies, private insurance firms, community-based organizations (CBOs) and nongovernmental organizations (NGOs). The project will be piloted in selected locations of India and Bangladesh, making it the first attempt to develop IBFI at a large scale.
Citation
Amarnath G. Increasing agricultural resilience and flood-proofing livelihoods in Bihar, India. New Delhi, India: International Water Management Institute (IWMI)