Hedging climate change risks in Southern Africa's agricultural industry using catastrophe bonds.

Published in: Jamba (Potchefstroom, South Africa) (2024)

The paper shows how CAT bonds can be employed to hedge against climate change risks in agricultural production and to increase (re)insurers´ underwriting capacity. It further discusses the attractiveness of CAT bonds as another investment option for agricultural investors and how to develop and institutionalise a CAT bond market.

Keyphrases

climate change
human health
risk assessment
transition metal
health insurance
heavy metals