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DateDocumentOrganization and type
‘SAVING FOR A RAINY DAY’: MICRO-INSURANCE AS CLIMATE CHANGE ADAPTATION STRATEGIES FOR SIDS
The document examines the vulnerability of coastal sectors in SIDS to climate change and the inadequacy of current coping mechanisms. It proposes micro-insurance as a tool to protect low-income populations from specific perils, identifying barriers such as mistrust and cost, while suggesting policy options like state subsidies and public-private partnerships to implement these schemes.
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Document type: Policy brief
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