The importance of the financial product microinsurance has been written about before on TC-I (here, here, and here). One constiuency that stands to benefit greatly from the idea of low premium safety nets are farmers, whose dependence on crop yield for income makes them very vulnerable to unforseen weather changes. In light of ongoing climate [...]

Update: PSD Blog just announced that a new tsunami insurance will be specifically designed for the poor. See post above. While anyone who has watched Al Gore’s riveting documentary An Inconvenient Truth understands the potentially catastrophic effects climate change could have on densely populated communities, an article in End Poverty in South Asia brings this [...]