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Bangladesh : Agricultural Insurance Solutions Appraisal Technical Report (English)

Agriculture is a key sector in Bangladesh, but it is highly exposed to risks. While agriculture is a source of employment and livelihood for nearly one in two adults in Bangladesh and contributes about 16 percent to GDP, it is highly exposed to natural hazards. ... See More +

Working Paper 132999 DEC 17, 2018

Quayyum,Shah Nur; Clarke,Daniel Jonathan; Lo Re,Francesca; Sberro,Rachel; Stutley,Charles Disclosed

Bangladesh : Policy Options for Crop and Livestock and Aquaculture Insurance (English)

Agriculture is a key sector in Bangladesh, but it is highly exposed to risks. While agriculture is a source of employment and livelihood for nearly one in two adults in Bangladesh and contributes about 16 percent to GDP, it is highly exposed to natural hazards. ... See More +

Working Paper 132875 DEC 12, 2018

Quayyum,Shah Nur; Clarke,Daniel Jonathan; Lo Re,Francesca; Sberro,Rachel; Stutley,Charles Disclosed

Bangladesh - Agriculture Insurance Situation Analysis (English)

Agriculture is key in Bangladesh but highly exposed to risks.The Government provides significant support to agriculture, but currently provides limited support to the development of agriculture insurance.While the Government and external donors spend large amounts of money in the aftermath of disasters – average annual costs of disasters are USD 300 million - the funding gap is still high and can reach more than USD 1.5 billion in bad years.In spite of Government’s efforts, credit to agriculture is still constrained and represents 3 percent of total lending.If agriculture insurance programs were to be developed in Bangladesh, the overall legal, regulatory and supervisory insurance environment would require strengthening.Based on this preliminary assessment and discussions with key stakeholders, the WBG will prepare a technical report and policy briefing for Bangladesh Ministry of Finance’s Bank and Financial Institutions Division (BFID) on four potential types of agricultural insurance programs which have been identified through this situational analysis as priority solutions for further investigation. ... See More +

Working Paper 132837 JAN 01, 2018

Quayyum,Shah Nur; Clarke,Daniel Jonathan; Lo Re,Francesca; Sberro,Rachel; Stutley,Charles Disclosed