Risk Assessment and Management
Within the internationally recognized field of agricultural risk assessment and management, risks can be evaluated according to three basic criteria :
- Impact: In other words, how severe will the risk event be if it actually happens? Some risks can destroy the whole year's farm income and even destroy assets; other risks are milder in impact.
- Likelihood: How likely is this risk to come about? Some risks are rare and unpredictable, others are more likely to happen.
- Manageability: Independent of how severe or how likely a risk is, some risks are out of the control of the farmer, others can be handled to a large or small degree. It makes sense to prioritize scarce resources on risks which can actually be managed.
- Provided by Steve Hodges - African Agriculture Risk Management Services Within the internationally recognized field of agricultural risk assessment and management, risks can be evaluated according to three basic criteria : Impact: In other words, how severe will the risk event be if it actually...
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Welcome to the Forum for Agricultural Risk Management in Development (FARM-D)! This is your community of practice about agricultural risk management (ARM). It’s a collaborative space for exchanges and updates on ARM. A space to share your experiences, find experts and learn from others on...
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2013-10-20 This article challenges the long-held assumption that smallholder farmers are risk averse and delay land preparation and planting until they are assured of adequate rainfall, and that they inefficiently used the natural resources available to them. The author proposes that farming operations are...
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2014-04-20 Harry van den Burg wrote in response to theEDN 121 articleabout: …the extent to which risk aversion may have been and even is overestimated, at the expense of hunger and exhaustion, as a leading limiting factor on agricultural productivity. “Whereas I certainly think that the argument has merit…I...
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Disasters are a growing threat, affecting more people and doing more damage than ever before. Their impact is especially devastating in countries with high levels of material poverty; the Least Developed Countries accounted for 40 per cent of all deaths from natural hazards between 2000 and 2010,...
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CEDRA is a strategic-level environmental risk assessment for agencies working in developing countries. It helps local humanitarian and development agencies make their existing projects stronger against climate and environmental change. It is designed to be used across the whole of an...
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TANDEM stands for Tearfund’s Approach in Disasters E-learning modules. It is a set of mini-modules which can be completed online or offline on a range of critical issues for Tearfund and partner staff working in humanitarian disaster situations. They can be worked on at your own pace, on your own...
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2014-01-01 https://www.echocommunity.org/resources/71356f86-d90a-4032-9775-681c581fa715What if you are working in a community when disaster strikes it? What steps toward recovery can you take in such a situation? And what actions can be taken beforehand to minimize the damage from a large-scale,...
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DISASTER RISK REDUCTION Disaster Risk Reduction (DRR)is the systematic development and application of policies, strategies and practices that minimize vulnerabilities and disaster risks throughout a society. Mercy Corps believes that DRR is an essential part of our mission to help people build...
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Pastoralists live precarious lives with extreme weather, such as drought, posing a potentially fatal threat to livestock – often pastoralists’ only asset and income source. To buffer livestock keepers from these risks, insurance schemes such as the Kenya Livestock Insurance Programme (KLIP),...
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Disaster risk is expressed as the likelihood of loss of life, injury or destruction and damage from a disaster in a given period of time. Disaster risk is widely recognized as the consequence of the interaction between a hazard and the characteristics that make people and places vulnerable and...
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The International Journal of Disaster Risk Reduction (IJDRR) is the journal for researchers, policymakers and practitioners across diverse disciplines: earth sciences and their implications; environmental sciences; engineering; urban studies; geography; and the social sciences. IJDRR publishes...
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We are inspired to connect, to create and to champion lasting change for poor and vulnerable people around the globe. With our shared belief in a just world and an understanding that we achieve more together, we strive each day to work collaboratively to carry out our mission. Our strategy helps...
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For those of you working to rebuild agriculture in hurricane-ravaged Caribbean and Central American communities, we’ve assembled somefree agroforestry training materialsthat will immensely benefit you: How to plant windbreaks to stop and slow heavy winds How to build contours to stop erosion How...
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Abstract: Over the past decade, economic damages resulting from natural hazards have amounted to USD 1.5 trillion caused by geophysical hazards such as earthquakes, tsunamis and landslides, as well as hydro-meteorological hazards, including storms, floods, droughts and wild fires. Climate-related...
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Secure and sustainable livelihoods not only reduce poverty but also reduce susceptibility to disasters. Disaster mitigation, or disaster risk reduction (DRR), is about preparing for disasters and minimising the risk when they arrive. Emergency relief or disaster response is a specific...
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Understanding risk and its management play a central role in boosting the agricultural sector, food security, and the broader economy of developing countries. Stakeholders, including farming households, value-chain actors and policymakers, need participate in the holistic assessment of...
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Agricultural risk management (ARM) is the process towards becoming better at dealing with risks. It requires anticipating potential risks and planning solutions in advance, so as to limit their negative consequences. Key elements of ARM can be summarized by the ARM cycle that includes the...
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A risk affecting agriculture is the possibility of occurrence of an event that has adverse effects on both individual farmers and the overall performance of the agricultural sector in a region or area. Reduction of the negative consequences of risks is often possible and always desirable. Farmers...
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PARM’s mandate is to strengthen agricultural risk management through knowledge sharing and capacity building activities to improve the human capital of all the stakeholders that can contribute to a better agricultural risk management system, in particular, vulnerable rural households. In order to...
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"Agricultural Risk Management: a new way of thinking" - (C) PARM 2016 The Platform for Agricultural Risk Management (PARM) presents a short animated awareness video to explain how agricultural risk management (ARM) can significantly contribute to improving the resilience of vulnerable rural...
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Forum for Agricultural Risk Management in Development Knowing is not enough, you must take action! Find out how others have done so by learning their stories and lessons on ARM.
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2021-01-01 Many people live in rural areas in tropical regions. Rural development is not merely a contribution to the growth of individual countries. It can be a way to reduce poverty and to increase access to water, health care, and education. Sustainable rural development can also help stop deforestation...
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Agriculture is a risky sector. Extreme weather conditions, pests and diseases and market uncertainties are just few examples of events that can negatively affect farming activities, posing a major threat to households livelihood and food security. This course will present an overview of concepts...
- This edition of The State of the World’s Land and Water Resources for Food and Agriculturepresents objective and comprehensive information and analyses on the current state, trends and challenges facing two of the most important agricultural production factors: land and water. Land and water...
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This eventspotlights the leading approach to manage risks in a given context, which encompasses a holistic methodology, that has grounded the series of four elearning courses on agricultural risk management (ARM) developed by PARM and the FAO elearning Academy, in partnership with IFAD and NEPAD....