This module presents knowledge on the diverse forms of tools that can be used to manage risks. It focuses on main production, finance, market, and government-support related ARM tools – to be used alone or in combination – with an overview of advantages and disadvantages for each tool. It is developed specifically for PARM CD2 level training – but it can also be adapted to support similar pieces of training at the country level.
PARM’s CD2 is an interactive 5-day course that targets extension workers, university students, public and private officers, and officials with higher educational background. It aims to provide advanced agricultural risk management (ARM) knowledge to create a pool of local ARM experts to timely advice and train farmers on managing agricultural risks.
FAO and NEPAD
PARM (2018). Module 3: Agricultural risk management tools. In “Agriculture Risk Management in Developing Countries: a learning course for practitioners” (by D. Kahan & S. Worth). Rome: PARM/IFAD. Available at: http://p4arm.org/document/module-3-agricultural-risk-management-tools/