Bangkok, October 29, 2024 – Agricultural leaders and policymakers from the ASEAN Member States (AMS) gathered today in Bangkok for the “2nd Regional Technical Workshop on Crop Insurance”. Organized by the Department of Agriculture (DOA) in Thailand, Mekong Institute (MI), and Sanyu Consultants Inc., the two-day event focuses on strengthening crop insurance programs to bolster climate resilience and food security in Southeast Asia.
Supported by the Japan ASEAN Integration Fund (JAIF), the workshop highlights the drafts of the Standard Operating Procedure (SOP) for Crop Insurance Implementation and Public-Private Partnership (PPP) models for agricultural insurance. Participants also explore innovative technologies and case studies, such as the Area Yield Index Insurance (AYII) implemented in Indonesia, designed to provide attendees with actionable insights for their own country contexts.
In his opening remarks, Dr. Pongthai Thaiyotin, Deputy Director General of DOA, underscored the significance of crop insurance as a tool for reducing the vulnerability of smallholder farmers amid increasing climate risks. The event builds on previous workshops held earlier this year, with the aim of deepening regional cooperation in crop insurance through capacity building and knowledge sharing.
A panel discussion moderated by Mr. Suriyan Vichitlekarn, Executive Director of MI, offers insights from key stakeholders in Thailand, including farmers and representatives from the Office of Agricultural Economics and Bank of Agriculture and Agricultural Cooperatives. Panelists discussed Thailand’s experiences with crop insurance and explored ways to make it more accessible, efficient, and aligned with farmers’ needs based on lessons learned.
On the second day, discussions will extend to regional initiatives, such as the Southeast Asia Disaster Risk Insurance Facility (SEADRIF), as well as the potential for integrating crop insurance and climate risk financing into the ASEAN Post-2025 Vision. Representatives from the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the ASEAN Secretariat, and other organizations will discuss upcoming projects and strategies to enhance agricultural resilience across AMS.
Part of the “Promotion for Crop Insurance in ASEAN through the Public and Private Partnership” project, this workshop aims to strengthen regional ties, paving the way for more effective crop insurance schemes that address the unique challenges faced by ASEAN’s agricultural sector.