Risk and uncertainty are inherent in agriculture and commodity supply chains. Given the pervasiveness of risks, farmers, agro-enterprises, international agencies, and governments are increasingly seeking effective and sustainable strategies and approaches to mitigate, transfer, or cope with these inherent risks. Using the full range of risk management strategies and tools, the Agricultural Risk Management Team (ARMT) of the Agriculture and Rural Development (ARD) department of the World Bank provides clients with technical assistance and capacity building services to assist them to manage their risks. Additionally, ARMT collaborates with other departments and units within the World Bank to provide comprehensive solutions. ARMT is promoting the agenda of holistic risk management and attempting to mainstream agricultural risk management into the wider World Bank’s operations. ARMT’s current work program involves:
• Agriculture sector risk reviews and risk management frameworks.
• Supply chain risk assessments.
• Weather risk assessment.
• Price risk assessment.
• Capacity building and training.
• Forum for Agricultural Risk Management in Development (FARMD).
• Enhancing risk management capacity within sustainable production initiatives.
Senior Economist/Sr Agricultural Specialist (Capacity Transfer)
No comments: