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I-Day Special | Making of a global cleantech leader - The Hindu BusinessLine

I-Day Special | Making of a global cleantech leader - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Fiji hires Indian company to provide weather risk management services

Fiji hires Indian company to provide weather risk management services
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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How flood insurance empowers people facing extreme weather in Bangladesh - Bangladesh

How flood insurance empowers people facing extreme weather in Bangladesh
Format
Severe floods can last for long periods, devastating people s lives. © WFP/Mehedi Rahman
Afroza Begum protects her family with an innovative product facilitated by the World Food Programme and its partners
In June 2020, World Food Programme, together with Oxfam Bangladesh, Weather Risk Management Services and Green Delta Insurance Company, launched a climate-risk insurance pilot scheme to support casual agricultural labourers affected by a prolonged monsoon flood. Funded by KIOCA (the Korea International Cooperation Agency), the scheme compensates vulnerable families for wage losses due to the floods so they can get back on their feet and prevent long-lasting negative impacts. ....

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Climate Risk Insurance and Pay-out of the Flood Insurance Product

Head of Programme, World Food Programme (WFP) Bangladesh
In Bangladesh, we are implementing a five-year country strategic plan which will end in December 2020 and then be extended for another year. In this five-year country strategic plan, WFP has worked in areas where humanitarian help is necessary and in other areas with the help of different government agencies. By providing technical assistance we improved the systems for designing the safety net programmes. WFP also carries out some innovative works such as development of systems that can improve the delivery of social protection programmes.
Through the country strategic plan, WFP also intends to find ways to help the vulnerable communities in adopting healthy coping strategies so that they do not resort to negative coping mechanisms after experiencing any shock. Our initiatives include forecasting their financing through which we find ways of reaching out to beneficiaries particularly for flood-affected groups. This ....

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