Climate change appears to be increasing the frequency and magnitude of extreme weather events, negatively affecting communities as well as posing long-term sustainability challenges to insurance (risk transfer) mechanisms. New Zealand’s public natural hazard insurer, the Earthquake Commission...

The potentially adverse effects of droughts on agricultural output are obvious. Indonesian rice farmers have no financial protection from climate risk via catastrophic weather risk transfer tools. Done well, a weather index insurance (WII) program can not only provide resources that enable...

We measure to cost of extreme weather events (droughts and floods) on health care in Sri Lanka. We find that frequently occurring local floods and droughts impose a significant risk to health when individuals are exposed directly to these hazards, and when their communities are exposed, even if...

This paper examines the impact of rising temperature on rural household consumption in Colombia by combining high-resolution gridded weather data with a rich longitudinal household survey. Our results show that a one-standard-deviation increase in the average daily rainy months temperature...

This paper examines the impact of rising temperature on rural household consumption in Colombia by combining high-resolution gridded weather data with a rich longitudinal household survey. Our results show that a one-standard-deviation increase in the average daily rainy months temperature...

The potentially adverse effects of droughts on agricultural output are obvious. Indonesian rice farmers have no financial protection from climate risk via catastrophic weather risk transfer tools. Done well, a weather index insurance (WII) program can not only provide resources that enable...

We measure the impact of extreme weather events — droughts and floods — on health-care utilization and expenditures in Sri Lanka. We find that frequently occurring local floods and droughts impose a significant health risk when individuals are directly exposed to these hazards. Individuals...