index-based

Bolivia: Fondo de Mitigación del Riesgo Agrícola (FMRA)

Fundación PROFIN has developed an innovative index-based insurance scheme that has been piloted in four provinces in the North and Central Altiplano regions of Bolivia. The scheme combines incentives for pro-active risk reduction and a flexible, people-centered index mechanism. In this scheme the trigger is based on the production levels of reference plots of farmland

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