干旱区生态环境知识资源中心(Arid): Crop index insurance as a tool for climate resilience: lessons from smallholder farmers in Nigeria

Arid

DOI	10.1007/s11069-023-06388-x
	Crop index insurance as a tool for climate resilience: lessons from smallholder farmers in Nigeria
	Aina, Ifedotun; Ayinde, Opeyemi; Thiam, Djiby; Miranda, Mario
通讯作者	Aina, I
来源期刊	NATURAL HAZARDS
ISSN	0921-030X
EISSN	1573-0840
出版年	2024
卷号	120 期号:5 页码:4811-4828
英文摘要	Crop farmers in arid and semi-arid regions face a covariate risk that is of paramount importance, namely, the threat of catastrophic crop loss triggered by natural disasters and climate hazards. Such an occurrence not only jeopardizes the livelihoods of these farmers but may also lead to persistent poverty. Promoting sustainable development requires control over climate-related shocks, which negatively affect the most vulnerable population in the developing world. This study investigates the option of choosing crop area-yield index insurance to mitigate the adverse effects associated with climate stress. In addition, we assessed the amount farmers are willing to pay for an insurance product that insures yields below 70% of the local average in the study area. Our results show that access to extension services and economic association membership offers farmers social capital and encourages their decision to purchase index insurance. We also find that the long-run welfare impact of index insurance policy on vulnerable households could be significant as an alternative insurance mechanism to traditional insurance. This study contributes to filling the gaps on the uptake of index insurance and provide guidance to policymakers in their approach to mitigating the effects of climate change on crop production in Nigeria.
英文关键词	Index insurance Crop production Climate risk Adaptation strategy Sub-Saharan Africa
类型	Article
语种	英语
开放获取类型	hybrid
收录类别	SCI-E
WOS记录号	WOS:001150332200002
WOS关键词	LIVESTOCK INSURANCE ; AGRICULTURE ; DEMAND ; SHOCKS ; IMPACT ; RISK
WOS类目	Geosciences, Multidisciplinary ; Meteorology & Atmospheric Sciences ; Water Resources
WOS研究方向	Geology ; Meteorology & Atmospheric Sciences ; Water Resources
资源类型	期刊论文
条目标识符	http://119.78.100.177/qdio/handle/2XILL650/404955
推荐引用方式 GB/T 7714	Aina, Ifedotun,Ayinde, Opeyemi,Thiam, Djiby,et al. Crop index insurance as a tool for climate resilience: lessons from smallholder farmers in Nigeria[J],2024,120(5):4811-4828.
APA	Aina, Ifedotun,Ayinde, Opeyemi,Thiam, Djiby,&Miranda, Mario.(2024).Crop index insurance as a tool for climate resilience: lessons from smallholder farmers in Nigeria.NATURAL HAZARDS,120(5),4811-4828.
MLA	Aina, Ifedotun,et al."Crop index insurance as a tool for climate resilience: lessons from smallholder farmers in Nigeria".NATURAL HAZARDS 120.5(2024):4811-4828.