The model uses reliable and auditable sources (such as the Climate Hazards Center, ECMWF, and Planet Labs) to measure the climate. The producer receives a payment as the weather worsens. The solution is an innovative agricultural insurance that seeks to overcome the bureaucracy, high costs and fraud risks of the traditional market.
Key sector:
Agriculture and Food Systems, Financial Sector
Cross lenses:
Climate adaptation, Climate, Digital technology
Emerging Technologies:
Geolocation, Sensors
