➜
info@pnfoundation.org.np
  • Home
  • About Us
    • Our Vision, Mission and Goal
    • Chairperson’s Message
  • What We Do
    • Academics
    • Global and Local Community Engagement
    • Research and Publicy Policy
    • Seminar and Workshops
    • Volunteering
  • Highlighted Projects
    • COVID-19 Preparedness and Response in Nepal
    • Danda Ecological Monitoring Program(DEMP)
    • Rohini Urban Forests and Wildlife Habitat (RUFWH)
    • Lumbini Sustainability Circle Study Abroad Program
    • WASHPlus: Creating Healthy Communities
    • Global Health & Community Outreach Group
    • Lumbini Center For Sustainability
    • Bio-Park Learning Center
    • Post-earthquake Recovery Initiatives
    • From New Mexico To Nepal : Women’s Community Center, Bahunipati
  • Get Involved
  • News Feeds
  • Local Attractions
  • Our Glimpse

Research

  • Health and Well being
  • Environment
  • Skill Development
  • Education and Awareness

ABSTRACT

Farmers’ Perception of Climate Change and Willingness to Pay for Weather Index-Based Insurance in Bahunepati, Nepal

From August to October 2014, we conducted a field study in Bahunepati, Nepal to examine the effective mechanism to cope with climate change. The village is located in the Sindhupalchok district in the Hill Belt. We randomly selected 353 households to interview with an overall response rate of 72% for the survey. This is a pioneering study of investigating effects of farmers’ perception of climate change on their willingness to pay (WTP) for a weather-index crop insurance in Nepal.

We designed two insurance products: Product A insures rice, and Product B adds five main livestock. The research improves on the previous literature by analyzing two crop insurance products which incorporate both crop and livestock. We used perception of future climate change (ex-ante perception) and perception of past impacts of climate change (ex-post perception) to measure farmers’ perception of climate change.

Results show that people who are aware of climate change are around 18% and 16% more likely to pay for insurance product A and B. I also find that the effect of other existing mitigation strategies crowds out people’s WTP. In addition, the annually mean WTPs are 1.6% and 3% of household income for product A and product B, respectively.

Graduate Student: Wenmei Guo

Siddarthanagar Municipality,Ward no 3, Bhairahawa, Rupandehi, Nepal

071-522505

info@pnmf.org

Useful Links

  • Home
  • Academics
  • Global and Local Community Engagement
  • Research and Public Policy
  • Get Involved
  • Contact Us

International Collaborator

  • Bosque Ecosystem Monitoring Program (BEMP) 
  • Valle de Oro (VdO) National Wildlife Refuge
  • Nepal Study Center (NSC), University of New Mexico

Find Us On Social Media


© Copyright 2018. Pratiman Neema Memorial Foundation. All Rights Reserved.

Powered by Coral Cliff Solutions