Disasters driven by climate change are creating new risks, shocks, and stresses for already vulnerable households in low-income countries. Well-designed financial products and services can play a role in building resilience in the face of uncertainty for poor families.
At a May 9 IFPRI and Innovations for Poverty Action (IPA) seminar, participants discussed the potential of these programs and various designs and delivery mechanisms for increasing resilience—which are still not fully understood. The IPA review paper Building Resilience through Financial Inclusion: A Review of Existing Evidence and Knowledge Gaps provided the jumping-off point for the discussion.
Photo: Jamed Falik/IFPRI
