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.
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- 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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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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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...