Scoping report: current status of index-based insurance in Bangladesh

With current and anticipated increases in magnitude of extreme weather events and a declining consistency in weather patterns, particularly challenging for agriculture, there has been a growing interest in weather index-based insurance (IBI) schemes in Bangladesh. A number of weather index-based insurance products have already been tested and applied across Asia and Africa, with varying degrees of success, as a mechanism to improve livelihood security by enabling vulnerable populations to transfer risk associated with climate change, extreme weather events and other hazards. In the process, these efforts have generated important new knowledge on how these schemes can be designed and implemented for optimal results. However, the practice of index-based insurance is still limited in Bangladesh, and the experience and knowledge generated by the different stakeholders involved needs to be better communicated.

Weather index insurance: Lessons learned and best practices for Bangladesh

WorldFish and the International Centre for Climate Change and Development (ICCCAD) held a two-day workshop on the topic of Weather Index-Based Insurance: Lessons Learned and Best Practices for Bangladesh. Weather index insurance is based on a predefined weather event which when triggered ensures automatic payout to farmers who have taken out insurance. For example, the climatic trigger could be a predefined consecutive number of days where rainfall is below a set level or when the floodwater level reaches above a certain point. Index insurance has been operating for about 10 years in many countries but is still at an early stage in Bangladesh, where there are two schemes currently being piloted and three other projects being developed. The aim of the two-day workshop was twofold: to ascertain the present state of index insurance in Bangladesh and elsewhere, and to work together to identify ways forward.

Fijian coral reef damage and recovery from Cyclone Kina

EXTRACT (SEE PDF FOR FULL ABSTRACT): Early in 1993, Cyclone Kina struck the Fiji Islands, causing more than $100 million in property damage and damaging the coral environment as well. A few days after the cyclone, the most damaged reef was studied. The same reef had been studied 6 months before. This reef crest is dominated by Acropora. Comparison showed that 80-90% of the Acropora was torn from the outer reef and deposited in the inner lagoon. ... It is estimated that it will take a few years to 30 years for the reef to recover to pre-Kina conditions.

A study on damage caused to crustacean and finfish larvae during collection of Penaeus monodon (Fab.) postlarvae in the estuaries of Barguna, Bangladesh

A year round investigation in the estuaries of Barguna district revealed that for each Penaeus monodon postlarvae (PL), about 37 larvae of other shrimp species, 12 finfishes and 10 macrozooplankters are destroyed during the process of shrimp seed collection. Although abundance of P. monodon PL was not recorded throughout the year, a significant number of other shrimp spp., fin fishes including macrozooplankters are being damaged by the shrimp seed collectors. This indiscriminate destruction of aquatic organisms during P. monodon PL collection is serious threat to aquatic biodiversity.

Gill-damage in netted Tilapia mossambica Peters

Tilapia mossambica taken with gill-nets are often found with their gills damaged. Gill-filaments may be partly or completely lost; sometimes even the gill-arches are all missing (Plate IA). The operculum is usually undamaged but may have its posteroventral border slightly frayed (Plate IB). For comparison normal fish are shown in Plates IC and ID. Incidence of gill-damage increases rapidly with length of time the nets remain in the water; in the Parakrama Samudra a mere 2-3 hour interval between setting and lifting results in 5 to 20% of the fish being damaged.