Risk management in agriculture projects and crop insurance instruments

A better understanding of individuals’ response to extreme weather events is fundamental for designing adaptation strategies in developing countries. EfD Central America is leading a group of behavioural studies focused on risk management in agriculture.

We examine the impact of farmers’ attitudes towards risk on the choice of adaptation strategies and demand of credit with insurance.  This video captures the data collection process of these projects. Data collection is a very important, and at the same time, a beautiful part of the research process. Our outcomes are an important input for the design of policies that reduce the adverse effects caused by a changing climate in Costa Rica and the rest of Central America. 

Video | 9 May 2016