Blue finance guidance notes: Aquaculture insurance for small-scale producers
This “aquaculture insurance for small-scale producers” brochure is one of the Blue Finance guidance notes, prepared under FAO’s Blue Growth Initiative. Other brochures in the Blue Finance guidance notes series cover subjects such as micro-finance and insurance for small-scale fisheries, blue bonds, blended finance and innovative investment approaches. The Blue Finance guidance notes aim to provide governmental, non-governmental, private and public stakeholders with information, resources and concrete pathways for obtaining finance to support blue growth transitions at local, national, regional and global scales.
This brochure describes why aquaculture insurance is important for the sustainable development and management of the sector. It discusses the benefits of aquaculture insurance and challenges in making aquaculture insurance accessible to small-scale producers. The brochure describes various types of insurance products that are important to small-scale producers. Case studies from China and Thailand are presented, as well as an innovative approach to bring services insurance to aquaculture producers through the existing fish feed industry networks. The brochure also provides ideas for creating an enabling environment for insuring small-scale aquaculture producers.