Incorporating Satellite Data Into Weather Index Insurance
نویسندگان
چکیده
منابع مشابه
Exploiting Satellite-Based Rainfall for Weather Index Insurance: The Challenges of Spatial and Temporal Aggregation
Lack of access to insurance exacerbates the impact of climate variability on smallholder famers in Africa. Unlike traditional insurance, which compensates proven agricultural losses, weather index insurance (WII) pays out in the event that a weather index is breached. In principle, WII could be provided to farmers throughout Africa. There are two data-related hurdles to this. First, most farmer...
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IN THE NEWS FOCUS STORY “WEATHER forecasts slowly clearing up” (9 November, p. 734), R. Kerr nicely summarizes how the growing improvement in prediction is coming from a focus on “more computer power, the assimilation of radar observations, and more physically realistic models.” He emphasizes that better assimilation of satellite data is a key element of improved forecasting. Unfortunately, the...
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Climate exerts a profound influence on the lives of rural populations, particularly the rural poor, who depend on agriculture for livelihood and sustenance, who are unprotected against climate-related diseases, who lack secure access to water and food, and who are vulnerable to hydrometeorological hazard. Climate shocks such as drought and flooding lead not only to loss of life, but also long-t...
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Better insurance against rainfall risk could improve the security of hundreds of millions of agricultural households around the world. This paper theoretically and experimentally analyzes an innovative financial product called a Weather Insurance Savings Account (WISA), which combines savings and rainfall insurance. We index the insurance share of the WISA by γ ∈ [0, 1] and use a standard model...
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The GPS Real-Time Ionospheric Monitoring System (GRIMS) has been operational at the Millstone Hill radar in Massachusetts since 1991 and at the FPS-85 radar in Florida since 1994. GRIMS employs GPS derived estimates of the total electron content (TEC) to provide real-time ionospheric corrections to radar measurements, incorporating data from a single receiver to generate TEC estimates for the e...
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ژورنال
عنوان ژورنال: Bulletin of the American Meteorological Society
سال: 2016
ISSN: 0003-0007,1520-0477
DOI: 10.1175/bams-d-16-0148.1