Better data would help crack the drought insurance problem
- Written by Neal Hughes, Senior Economist, Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES)
While drought policy raises many complex emotional, political and policy issues, it can be helpful to think of it as an insurance problem: how can we best help farmers manage climate risk?
Read more: Helping farmers in distress doesn't help them be the best: the drought relief dilemma
Drought insurance has been a long-standing goal and...