In the current context of climate change, the frequency of extreme events causing crop losses is increasing. Agricultural businesses are subject to uncontrollable and often unpredictable events that can affect their revenues, margins and production.
Three types of strategies can be combined to manage these risks :
- Self-management : crop and area diversification and other agricultural practices,
- Resilience : management and planning, training, advice, sharing experiences with peers
- Risk sharing : transferring risks to other entities such as collectives or governments. Crop insurance falls into this category.
The recent CIRANO study “Assurance récolte et gestion des risques de perte de culture” by Jacinthe Cloutier (CIRANO, Laval University), Marie-Ève Gaboury-Bonhomme (Laval University), William Robitaille (Laval University), Marie-Claude Roy (Laval University), and Simone Ubertino (Laval University) highlights the importance of encouraging farms to combine various risk management strategies and to improve communication about crop insurance and climate risks.
On December 8, during a midi-webinar, authors Jacinthe Cloutier (CIRANO, Laval University) and Marie-Ève Gaboury-Bonhomme (Laval University) will present the report and answer your questions.
Registration is free but mandatory.