Seeing really is believing: Farmers’ photos revolutionize insurance and advisory services
In areas where these services are available, access and effectiveness are limited due to high monitoring and verification costs, and by imperfect correlations between actual losses and insurance payouts. In addition, if not carefully designed, insurance products may become a substitute for resilience-enhancing technologies that would alleviate the potential risks.
Photo: Jerome Bossuet/CIMMYT
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January 29, 2019
International Food Policy Research Institute (IFPRI)