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Index-based protection

Purpose

Examine whether verifiable climate indicators can support protection instruments for clearly defined agricultural risks.

Application

Assess an indicator and its territorial coverage for a pilot study before defining contractual protection terms.

Data

Climate indicators, proposed triggers and independent loss records

Result

Index-suitability studies and trigger comparisons

Limitations

Index suitability depends on historical series, trigger design and independent loss records; it does not guarantee a payout.