IRIN: In most developing countries, farmers risk losing their crops and livestock to droughts or floods, and the recent intensity of these climatic shocks has been record-setting. As the losses from these events mount, the developing world has been turning to the experiences of richer nations in transferring risk through mechanisms such as insurance.
But experts including the authoritative Intergovernmental Panel on Climate Change (IPCC) in its special report on managing the risks of extreme events...