University of Guelph Researchers Update Current Data on Risk Management (The institutional support index: A pragmatic approach to assessing the effectiveness of institutions’ climate risk management support-A case study of farming communities …): Risk Management

2023 DEC 26 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Fresh data on risk management are presented in a new report. According to news originating from Guelph, Canada, by NewsRx editors, the research stated, “The effects of climate change are global and will worsen in the future. People face uncontrollable large-scale events due to the crisis.”

Our news reporters obtained a quote from the research from University of Guelph: “To manage climate-induced risks, understanding all threats is crucial. A country’s governance system is responsible for risk management. Pakistan is highly vulnerable to climatic disasters, making its governance system crucial. To achieve climate risk resilience, farmers need tailored institutional services. This study investigates the efficacy of such services in Punjab province, Pakistan. Four hundred eighty farmers in Punjab’s mixed cropping zone were interviewed face-to-face using a predesigned structured questionnaire to collect data on five types of institutionally provided services (e.g., weather and climate forecasts, farm advisory, financial services, technical support, and training). Institutional support for climate risk management is assessed using an indicator-based index approach by selecting four indicators/dimensions reflective of service effectiveness (e.g., content coverage, service accessibility, compatibility, and usefulness). The survey results showed that farmers had varying perceptions of institutional services, with low-medium levels of support and fair content coverage, accessibility, and usefulness.”

According to the news editors, the research concluded: “Most services lacked compatibility. Researchers recommend improving agricultural service compatibility to build farming communities’ resilience to climate risks.”

For more information on this research see: The institutional support index: A pragmatic approach to assessing the effectiveness of institutions’ climate risk management support-A case study of farming communities in Pakistan. Climate Risk Management, 2023,42():100560. (Climate Risk Management - http://www.journals.elsevier.com/climate-risk-management/). The publisher for Climate Risk Management is Elsevier.

A free version of this journal article is available at https://doi.org/10.1016/j.crm.2023.100560.

Our news journalists report that more information may be obtained by contacting Ataharul Chowdhury, School of Environmental Design and Rural Development, University of Guelph, Guelph, ON N1G 2W1, Canada. Additional authors for this research include Nasir Abbas Khan, Ashfaq Ahmad Shah, Palwasha Khan, Bader Alhafi Alotaibi.

(Our reports deliver fact-based news of research and discoveries from around the world.)