Thailand’s agricultural sector is increasingly vulnerable to extreme weather events driven by climate change, which threatens farmers’ livelihoods and food security. To address these challenges, a project was launched to explore the feasibility of using blockchain technology to create a viable real-time parametric crop insurance system. This system aims to reduce transaction costs, automate transparent indemnity payments, and make crop insurance more accessible and efficient for farmers
Publication date
Type of publication
Fact sheet
Objective
Adaptation
Approach
Community based
Disaster risk reduction
Gender
Collection
CTCN publications
Cross-sectoral enabler
Capacity building and training
Communication and awareness
Economics and financial decision-making
Governance and planning
Innovation & RDD
Document