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PDF
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Type:
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Conference Paper |
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Author:
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Marr, Ana |
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Conference:
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In Defense of the Commons: Challenges, Innovation and Action, the Seventeenth Biennial Conference of the International Association for the Study of the Commons |
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Location:
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Lima, Peru |
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Conf. Date:
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July 1-5 |
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Date:
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2019 |
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URI:
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https://hdl.handle.net/10535/10601
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Sector:
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Agriculture
Global Commons |
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Region:
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Subject(s):
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commons
climate change
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Abstract:
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"Provision of integrated insurance, credit and agricultural technologies can significantly help alleviate climate change effects on common agricultural land of smallholder farmers in developing countries. Index-based insurance (IBI) is evidenced to have the potential to protect farmers’ common land from climate change shocks such as drought and flood. However, adoption of IBI has met unexpectedly low uptake and up-scaling challenges. Evidence on the extent to which interlinking IBI with credit and agricultural inputs can enhance the uptake and economic impacts of IBI is scant. We conducted a randomized controlled trial with 1661 smallholders in Ethiopia. Results indicate that the uptake of the standalone IBI is low, but interlinking IBI with credit and inputs significantly increases uptake. We estimated the impacts of the interlinked IBI on household consumption and investment in inputs. We find that interlinking IBI with credit and inputs increases household consumption and investment in high-risk high-return inputs. We also estimated the impact of the intervention on climate-change common land protection strategies, finding that the interlinked intervention increases land productivity, improves subjective wellbeing and shock-copying ability of adopters. The findings imply that bundled products enhance the uptake and impact of insurance that can help to protect common land of farmers from climate change shocks."
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