'Saving for a rainy day': Micro-insurance as climate change adaptation strategies for SIDS
Summary
The policy brief examines the role of micro-insurance in mitigating the economic impacts of climate change on vulnerable coastal sectors in SIDS, noting that traditional coping mechanisms like household savings are insufficient.
Key insights
- Climate change and weather-related risks cause significant economic losses in SIDS, particularly affecting tourism, fisheries, and agriculture in small and medium coastal communities where low incomes and limited coping strategies increase vulnerability.
Cite the original document
- APA
- Climate and Development Knowledge Network (2017). 'Saving for a rainy day': Micro-insurance as climate change adaptation strategies for SIDS. https://cdkn.org/resource/policy-brief-saving-rainy-day-micro-insurance-climate-change-adaptation-strategies-sids
- Chicago
- Climate and Development Knowledge Network. 'Saving for a rainy day': Micro-insurance as climate change adaptation strategies for SIDS. 2017. https://cdkn.org/resource/policy-brief-saving-rainy-day-micro-insurance-climate-change-adaptation-strategies-sids.
- Wikipedia
- {{cite report |author=Climate and Development Knowledge Network |title='Saving for a rainy day': Micro-insurance as climate change adaptation strategies for SIDS |date=2 February 2017 |url=https://cdkn.org/resource/policy-brief-saving-rainy-day-micro-insurance-climate-change-adaptation-strategies-sids |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climateanddevelopmentknowledgenetwork2017saving, author = {{Climate and Development Knowledge Network}}, title = {{'Saving for a rainy day': Micro-insurance as climate change adaptation strategies for SIDS}}, institution = {Climate and Development Knowledge Network}, year = {2017}, month = feb, url = {https://cdkn.org/resource/policy-brief-saving-rainy-day-micro-insurance-climate-change-adaptation-strategies-sids}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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