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Risk Assessment and Management

Within the internationally recognized field of agricultural risk assessment and management, risks can be evaluated according to three basic criteria :

  1. 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.
  2. Likelihood:  How likely is this risk to come about? Some risks are rare and unpredictable, others are more likely to happen.
  3. 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.

  1. Agricultural Risk Assessment and Management

    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...
    Risk Management Risk Assessment

  2. FARM-D - Forum for Agricultural Risk Management in Development

    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...

  3. Risk Aversion vs Hunger and Exhaustion

    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...
    Smallholder Farm Family Farm Rural Development Hunger Risk Aversion Risk Management Agricultural Devel... Economic Development

  4. Risk Aversion and Diversification

    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...
    Risk Aversion Smallholder Agricultural System Subsistence Farming Subsistence Farmer Diversification Rain-fed Agriculture

  5. Tearfund Learn - Disasters

    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,...
    Disaster Mitigation Risk Assessment

  6. CEDRA – Climate Change And Environmental Degradation Risk And Adaptation Assessment

    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...
    Climate Adaptation

  7. TANDEM - Tearfund's Approach in Disasters E-Learning Modules

    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...
    Disaster Mitigation

  8. Strategies to Help Prepare for and Respond to Disaster

    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,...
    Relief Typhoon Sudan Rural Development Haiti Disaster conservation Risk Reduction Needs Assessment Replant Agricultural Devel... Chaya Strawberry Tree Moringa Papaya Risk Assessment Philippines

  9. Mercy Corps - Disaster Risk Reduction

    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...
    Risk Reduction Risk Management Risk Assessment

  10. Livestock insurance gains ground in Africa

    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),...
    Livestock Development East Africa West Africa

  11. PreventionWeb - Understanding Disaster Risk

    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...
    Risk Assessment Disaster Mitigation

  12. International Journal of Disaster Risk Reduction

    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...
    Journal Risk Assessment Disaster Mitigation

  13. Catholic Relief Services Research and Publications - Emergency Response

    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...
    Disaster Mitigation

  14. Agroforestry Technologies: windbreaks, green walls, contours and more

    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...
    Agroforestry Latin America and ...

  15. DRM Webinar III: Benefits of farm-level disaster risk reduction practices in agriculture

    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...
    Risk Reduction

  16. Practical Action Resources - Disaster Mitigation, Response and Reconstruction

    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...
    Appropriate Techno... Disaster Mitigation

  17. IFAD eLearning - Agricultural risk management for development

    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...

  18. FARM-D - Holistic Approach

    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...
    Risk Management

  19. FARM-D - Understanding Risks

    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...
    Risk Assessment Risk

  20. Platform for Agricultural Risk Management

    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...

  21. Agricultural Risk Management: a new way of thinking

    "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...

  22. FAO The State of the World’s Land and Water Resources for Food and Agriculture - Managing Systems at Risk

    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...
    FAO Risk Management Agricultural Resou...

  23. FAO elearning Academy - Agricultural Risk Management Course

    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...

  24. FARM-D - Practitioners in Action

    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.

  25. Why develop capacities on risk management in agriculture?

    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....