GIC held an inception workshop for a new project involving an assessment of the feasibility for weather index insurance for Tajikistan on October 08, 2021.
The main goal of this workshop was to consult stakeholders on the potential of Weather Index Insurance (WII) in the context of Tajikistan, and current global best practices on WII were also introduced during the workshop. Twenty participants were in attendance from Tajikistan government agencies such as the Ministry of Agriculture, the Agency for Hydrometeorology, the Ministry of Finance, and the Agency on Statistics. Furthermore, representatives from the banking, insurance, and agriculture industries also took part in the workshop.
Through active participation from many attendees, the current status of the agriculture insurance sector in Tajikistan and data availability was discussed during the inception workshop. Following opening remarks by UNEP Tajikistan and AIT, GIC Director Dr. Manzul Hazarika provided the project background and scheduled activities. Lakmal Deshapriya, GIC Research Associate, explained the detailed data requirements for selecting suitable crops, initial locations, and meteorological stations needed for feasibility assessment.