Jamaica

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The impacts of climate change are increasingly severe and the need for action is more urgent than ever. Caribbean islands are among the world’s most vulnerable, with storm frequency and intensity, flooding, wind damage and sea level rise all predicted to worsen, increasing threats to hospitals, power plants, freshwater sources, roads, houses and schools. Island communities must work together to prepare for disasters caused by natural phenomenon and minimize the impacts they will endure. Evidence shows that key ecosystems, like coral reefs and mangroves, can help reduce these risks while...
The overall aim of the project is to upscale, refine and integrate climate risk insurance (CRI) solutions (launched in phase I) within a broader framework of disaster risk reduction (DRR) strategies and facilitate public safety nets and public-private insurance solutions for vulnerable people.
Full publication available here Considering that the microinsurance market in Jamaica is a nascent one, in order to promote its development it is essential to: (i) confront the identified supervisory and regulatory obstacles in order to incentivise providers to offer microinsurance products responsibly; (ii) encourage providers to realise the potential of the microinsurance market to innovate and offer products with value; (iii) promote demand, (iv) but at the same time foster trust by protecting microinsurance consumers and making sure that they will be empowered to use the microinsurance...
Jamaica faces a variety of natural hazards and, on a combined-hazard basis, is among the most vulnerable countries in the world . It lies in the center of the Atlantic hurricane belt, on a complex area of the northern Caribbean Plate margin, and is subject to tropical rainfall and erosion processes. Agriculture in Jamaica is vulnerable to various risks ranging from extreme winds, extreme rain and droughts . However, a large part of the agricultural sector, including large integrated supply chains as well as small farmers, is absorbing all the climate risks, without any risk out-transfer...
Jamaica faces a variety of natural hazards and, on a combined-hazard basis, is among the most vulnerable countries in the world. It lies in the center of the Atlantic hurricane belt, on a complex area of the northern Caribbean Plate margin, and is subject to tropical rainfall and resulting erosion. Agriculture in Jamaica is vulnerable to various risks from extreme winds, to extreme rain, to droughts. A large part of the agricultural sector, including integrated supply chains as well as small farmers, is absorbing these climate risks, with neither publicly nor privately risk transfer...