Publication: Agricultural Insurance in Bangladesh : Promoting Access to Small and Marginal Farmers

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Date
2010-06
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Published
2010-06
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World Bank
Abstract
Bangladesh is ranked as the world's fifth most exposed country to natural disasters, including floods, cyclones, and droughts. The purpose of this study is to investigate the viability of agricultural insurance in Bangladesh, particularly for small and marginal farmers and to present the Government of Bangladesh (GoB) with a set of options for the future development of agricultural insurance in the country. The current study aims to identify an overall framework for the development of sustainable market-based agricultural insurance in Bangladesh. It also reviews the technical, operational, financial, and institutional issues and options for the introduction of traditional crop and livestock insurance products and for new crop-index products that are suitable to Bangladeshi farmers. This report present a series of practical guidelines and options for GoB and other interested parties to consider for the future development and implementation of crop, livestock and aquaculture insurance in Bangladesh. This study benefits from this international experience (for example, the Indian area-yield and weather-index crop insurance schemes, a Mexican agricultural mutual insurance program, and a Mongolian livestock-mortality index insurance program), which is tailored to the local economic and social context of Bangladesh.
Citation
World Bank. 2010. Agricultural Insurance in Bangladesh : Promoting Access to Small and Marginal Farmers. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/8fc0e1c9-9b56-5ce2-9de9-64ffe820c2b9 License: CC BY 3.0 IGO.
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