Source: Centre for Insurance and Risk Management
The Centre for Insurance and Risk Management at IFMR is conducting an introductory course for the Market-based Risk Management for Development Distance Learning Program (MRMD) of the World Bank. The course will introduce the participants to a market-based risk management framework for correlated risks affecting the agricultural sector such as weather risk and commodity price risk. It outlines an effective role for national governments, the World Bank, and other donors in the domain of risk management. The framework is also suitable for applications within the broader development agenda.
The course consists of three self-paced modules, discussion forums, readings, case studies, and knowledge check quizzes. The modules cover:
- Risk management challenges in lower income countries;
- Key concepts and applications of innovative market-based risk management;
- Role of government and donors in developing and using market-based risk transfer instruments.