Connect with us

World

Agricultural insurance can have unwanted side-effects

Published

on

London, Sep 26 (IANS) While agricultural insurance intends to protect farmers in developing countries from the effects of climate change, it can also have undesirable ecological and social side-effects, say researchers.

Agricultural insurance can change a farmer’s land use strategies which can lead to unintended ecological consequences, according to the study published in the journal Global Environmental Change.

The researchers collected empirical and model studies from around the world to provide a comprehensive overview of the potential impact of agricultural insurance.

“Previous studies have concentrated primarily on economic aspects. Little attention has been devoted to the socio-ecological system as a whole,” said Birgit Muller from Helmholtz-Centre for Environmental Research in Germany.

“But one thing is becoming clear: agricultural insurance can have a range of unwanted side effects, for example changes to farmers’ land use strategies,” Muller added.

The effects of climate change are felt particularly acutely in developing countries. A range of international initiatives develop and promote risk insurance. One example is the G7 climate risk insurance initiative InsuResilience, which aims to insure 400 million people in developing countries against climate-related risks by 2020.

The initiative includes “agricultural insurance”, which is designed to insure farmers against major losses, for example as a result of extreme drought.

Small-scale farmers in developing countries traditionally grow a wide range of crops in their fields to ensure that at least one crop can survive a potential drought.

However, farmers are frequently reverting to monocultures because the agricultural insurance is often linked to specific crops and does not take effect if farmers cultivate a different crop.

And this has far-reaching ecological consequences: a decline in agricultural biodiversity, deterioration in soil quality, increased use of fertilisers and pesticides, which in turn increases the risk of water pollution.

However, even if agricultural insurance is not linked to specific crops, farmers with insurance cover may be inclined to grow riskier crops which promise high yields but also bring greater losses in an emergency.

Because the farmers have insurance, it is not absolutely necessary to adopt a sensible cultivation strategy.

Apart from ecological effects, the scientists also revealed some potential social side effects of agricultural insurance, such as the weakening of networks of small farmers in developing countries.

As a general rule, farmers help each other in the wake of major crop failures. Agricultural insurance can lead to an insured farmer no longer helping another farmer who could have taken out insurance.

“Agricultural insurance and the resulting changes in land use strategies can cause this kind of unintended ecological and social feedback, which can in turn lead to further problems and costs,” Leigh Johnson from University of Oregon in the US said.

“In the long term, this could have a far-reaching impact on individual farms,” Johnson said.

In their review, the researchers also put forward proposals on how to improve the design of agricultural insurance in future.

For example, the insurance policies should take effect only in emergencies such as extreme droughts.

Farmers should be allowed to deal with medium droughts using their own risk management measures, according to the study.

–IANS
gb/dg

Continue Reading

National

Foodman Vishal Singh Honored for Hunger Free World Mission in Bangkok

Published

on

By

Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.

The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.

Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.

Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.

For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.

During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.

Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.

Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .

Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.

In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.

During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.

In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.

He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.

Continue Reading

Trending