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.

Real-time climate monitoring using an AVHRR-based vegetation index

A normalized difference vegetation index (NDVI) has been produced and archived on a 1° latitude by 1° longitude grid between 55°S and 75°N. The many sources of data errors in the NDVI include cloud contamination, scan angle biases, changes in solar zenith angle, and sensor degradation. Week-to-week variability, primarily caused by cloud contamination and scan angle biases, can be minimized by temporally filtering the data. Orbital drift and sensor degradation introduces interannual variability into the dataset. These trends make the usefulness of a long-term climatology uncertain and limit the usefulness of the NDVI. Elimination of these problems should produce an index that can be used for climate monitoring.