Over the last decade, agricultural risks and uncertainties have escalated with compounding impacts on farmers, the private sector and government alike. This has brought to the fore, the surge for solutions, ideas, knowledge, and best practices on agricultural risk management (ARM). Efforts among stakeholders led to the establishment of PARM in 2013 as the main platform to house and bring opportunities for systematic sharing of knowledge, experience and perspectives in the field of ARM.
PARM builds on existing initiatives and knowledge, in particular, the World Bank “Agricultural Sector Risk Assessment” in several countries, the FAO food security initiatives, the World Food Program (WFP) vulnerability assessments, as well as many Non-Governmental Organizations (NGOs) and the private sector resilience interventions. Based on consultation with stakeholders and experts in the field, PARM developed this reference document for holistic risk assessment in its focused countries. It provides a step-by-step guide on how to conduct a comprehensive, robust and participatory risk assessment, and can be adapted for many countries.
PARM (2018) “Terms of Reference for Agricultural Risk Assessment Studies“. Agricultural risk management working paper, no.1, IFAD/PARM: Rome, Italy.