THE IMPORTANCE OF AGRICULTURAL INSURANCE POOL IN ASIA AFRICA REGIONS

Heddy Agus Pritasa

Abstract


This paper is aimed to observe the impacts of global warming, the climate change, the economic  recessions  and  crowded  populations  towards  agriculture  factors  in  Asia Africa  regions.  This  study comprehensively reviews the agricultural livelihoods and its risk management applications in some countries. Insurance as the risk transfer tool is aimed  to  save  the  low-income  farmers  thus  maintain  the  food  supply.  The  research methods  use  some  successful  examples  of  insurances  and  catastrophe  pools  in  Asia Africa  and Caribbean  islands  (CCRIF)  and  how  this  leads  to  the  concept  of  the formation of the FAIR agricultural insurance pools in Asia Africa regions. The benefit of the pool is for the Asia and African co untries to protect their farmers and food availability towards the risks due to climate changes, such as droughts, typhoons, floods, etc. The governments’ involvement in the formation of every pool is crucially needed.


Keywords


agriculture insurance, climate changes, Asia Africa countries, agricultural pool, the governments

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References


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DOI: https://doi.org/10.35904/pstmat.v1i1.1

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