Archived Brown Bag Lunch

Smallholder Climate Risk Insurance Viability

"Experience of Flood and Climate Insurance in South Asia"

Climate risks have always been a key vulnerability for smallholder farmers. Protecting against floods and providing risk cover against losses due to floods has been a major area of concern for governments around the world. Insurance is an important component in managing agricultural risks from these disaster events. For example, in India, nearly 30 million smallholder farmers are affected by floods every year.

In 2016, the International Water Management Institute (IWMI) through its CGIAR Research program CCAFS, WLE and ICAR launched its Index-Based Flood Insurance (IBFI) for India and Bangladesh, which is designed to safeguard farmers in locations at high risk of flooding. IBFI combines hydrological modelling and new and freely available high-resolution satellite images from ESA and USGS. The scheme went live from 2017 to 2019 covering 1,200 households with a total insurance payout to eligible farmers of approx. INR 12,94,030. Another new initiative “BICSA – Bundled Solutions of Index Insurance with Seed systems and climate information for agriculture resilience” to promote large-scale implementation of this integrated risk management approach can result in significant development in the agriculture sector. In summary, solutions from climate insurance has the potential to be a part of a more wide-ranging and multi-faceted approach to make sure that South Asia remains climate resilient in years to come.

Watch this BBL to see disruptive tech in action!

About the Presenters

Giriraj Amarnath


Ph.D., Senior Researcher and Research Group Leader (Water Risks and Disasters)

International Water Management Institute (IWMI), Colombo, Sri Lanka

Dr. Giriraj Amarnath’s main expertise includes disaster risk assessments, sustainability, hydrological process research and water resources management with focus on developing solutions for pressing climate risks challenges. Many of his research and development projects have demonstrated the impact of climate risks using advanced science and technology in different hydro-climatic regions worldwide. He is keen on translating science-based knowledge to effective policies and strategies that contribute to environmental, economic and societal sustainability.

Eileen Burke


Global Lead (Water Resources Management), Water Global Practice

Pieter Waalewijn


Global Lead (Water in Agriculture), Water Global Practice

Winston Yu


Principal Researcher and Senior Advisor, International Water Management Institute 

Join the Discussion


- Jul 20, 2022

Mohammad Nadir

- Feb 16, 2022

Mahaman Mourtala

- Sep 27, 2021


- Jul 26, 2021
Video is not opening.

jose luis

- Apr 29, 2021
los pequeños agricultores siempre han sido vulnerables Los riesgos climáticos


- Jan 20, 2021
Great Course! very knowledgeable documents!


- Jan 9, 2021
great video


- Jun 14, 2020


- Mar 22, 2020

Waqar Aamir

- Nov 26, 2019
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