Parametric insurance, powered by Earth Observation (EO) and AI, is rapidly transforming agriculture and climate-sensitive industries by offering real-time, automated risk mitigation solutions. This session will:
- Examine how EO-powered parametric insurance is enabling climate risk adaptation for smallholder farmers, commodity producers, and agribusinesses.
- Explore innovative uses of AI, machine learning, and satellite data for triggering payouts based on weather anomalies, droughts, and flooding.
Discuss how insurers, agribusinesses, and governments can leverage EO-driven policies to de-risk agricultural investments.