Experts and representatives from public and private sector in Southeast Asia and India recently met at the “Regional Technical Workshop on Crop Insurance in ASEAN,” to raise awareness, provide common understanding on crop insurance, and identify perspectives and direction for future development and promotion of crop insurance at national and regional levels.
The workshop introduced the topic on risk management in agriculture value chain and explained the importance of crop insurance in reducing farmers’ vulnerability to production risks such as those caused by extreme climate events. Existing initiatives and development on agriculture insurance in ASEAN particularly by the ASEAN Climate Resilience Network (ASEAN CRN) was also highlighted. In addition, country experiences in implementing crop insurance program in India, Thailand and Viet Nam were shared so countries can learn from their experiences. Lastly, a panel discussion by key stakeholders from the government, private companies, and international organisation shared their issues and challenges, and provided perspectives and recommendations for future promotion and development of crop insurance in the region.
The “Regional Technical Workshop on Crop Insurance in ASEAN” was hosted by the Department of Agriculture, Ministry of Agriculture and Cooperatives, Thailand, and organised by the ASEAN Sustainable Agrifood Systems (ASEAN SAS) in collaboration with the “Remote Sensing-based Information and Insurance for Crops in Emerging Economies (RIICE)” project on 14 December 2017 in Bangkok, Thailand.