Filter by Partner

Thematic Areas

Gender

Research & Technical Papers

Enhancing Innovative Climate Risk Transfer and Agricultural Insurance Mechanisms in Sri Lanka

research-and-technical-papers

SLYCAN Trust

Climate change impacts are already felt across many vulnerable developing countries and are projected to have particularly devastating effects on economies and people relying heavily on agriculture and natural resources. In Sri Lanka, the impacts of climate change, the COVID-19 pandemic, and the current economic difficulties have highlighted the need for enhancing existing risk management and protection systems, including robust risk transfer solutions. Risk transfer instruments such as insurance mechanisms can be part of an effective and comprehensive climate risk management framework for countries and regions and can help to protect and build the resilience of individuals, households, communities, and economic sectors. This paper provides an overview of the enabling environment for agricultural risk transfer in Sri Lanka and identifies potential ways to increase insurance market penetration for smallholder farmers in the country, particularly related to legal and regulatory frameworks and the potential introduction of new and innovative insurance products.

Case Study

The Farmer's Perspective: Climate Risk and Risk Management in Sri Lanka's Agriculture Sector

case

SLYCAN Trust

Sri Lanka’s food systems revolve around the production of rice as a main staple crop. In addition, fruits and vegetables, grains, meat, fish, and dairy are also important sources of food security. 27.1% of the country's total population engages in agricultural activities, and agriculture accounted for 7.4% of total GDP in 2020.

Case Study

Addressing Climate and Disaster Risk in Sri Lanka: Crop Insurance Schemes

case

SLYCAN Trust

Since 1958, the Government of Sri Lanka has invested in crop insurance schemes. This was initiated with a pilot project in selected areas and later expanded to several nationwide agricultural insurance schemes. Initially managed by the Crop Insurance Board, these schemes are now overseen by the Agriculture and Agrarian Insurance Board (AAIB) as well as the NationalInsurance Trust Fund (NITF), which has been contributing to crop insurance fund maintenance since its establishment under the National Insurance Trust Fund Act in 2006.

Newsletter

SLYCAN Trust Research Newsletter 1/2022 - Climate Change and Human Mobility

newsletter

SLYCAN Trust

Climate-related human mobility is an increasingly important topic on the local, national, and global level, including in the UNFCCC process. It takes many forms, such as internal environmental migration, disaster displacement, climate-driven labour migration, planned relocation, seasonal agricultural migration, permanent exodus from rural areas, transboundary pastoralist movements, trapped populations, and voluntary immobility. Human mobility affects millions of people around the world, including those who move, their family members, the communities they leave behind, and host populations taking in climate migrants and the displaced. It connects to different sectors as well as cross-cutting considerations such as gender, youth, the informal sector, social protection, and just transition, rendering it a complex thematic area that needs to be addressed with holistic, equitable, participatory, intersectional, and transdisciplinary approaches.

No items found.
Resource Types
ArticlePolicy BriefReportsResearch PapersCase Studies