Working Paper: Poverty Traps and Climate and Weather Risk: Limitations and Opportunities of Index-based Risk Financing

Barrett, Christopher B.; Barnett, Barry J.; Carter, Michael R.; Chantarat, Sommarat; Hansen, James W.; Mude, Andrew G.; Osgood, Daniel E.; Skees, Jerry R.; Turvey, Calum G.; Ward, M. Neil

This paper examines the linkage between climate and weather risks and
shocks and poverty traps by integrating diverse literatures on a wide range of related topics that enhance our understanding of how climate and weather shocks impact both poverty and development. That understanding is used to enlighten our evaluation of the potential developmental role of innovations in index-based risk financing for catastrophic climate and weather shocks.


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More About This Work

Academic Units
International Research Institute for Climate and Society
Earth and Environmental Sciences
International Research Institute for Climate and Society
IRI Technical Report, 07-03
Published Here
June 1, 2010