Newsletter Issue #8 July 2021

Editorial

We hope you are enjoying springtime and be ready to dive
into our seventh BEACON project newsletter!

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Follow us and stay informed on the latest project developments!

Design principles for agricultural risk management policies +++

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The BEACON Blockchain component and Smart Contracts function +++

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The BEACON business cases

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AON
Aon plc is a multinational British professional services firm that sells a range of financial risk-mitigation products, including insurance, pension administration, and health-insurance plans. Aon offers additionally Data & Analytic Services that enable better decision-making to help its clients reduce volatility and improve performance, as well as Reinsurance Solutions to provide risk transfer, claims advocacy and capital management solutions that help re/insurers reduce volatility and build more resilient businesses, governments, and communities. Aon has approximately 50,000 employees in 120 countries. More

BEACON's corner

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Upcoming events

WCRP-WWRP SYMPOSIUM ON DATA ASSIMILATION AND REANALYSIS AND 2021 ECMWF ANNUAL SEMINAR ON OBSERVATIONS
  September 13-18, 2021
  Virtual
  Website

The overall objective of the World Climate Research Programme – World Weather Research Programme (WCRP-WWRP) Symposium on Data Assimilation and Reanalysis, led by Deutscher Wetterdienst (DWD) is to review latest developments and address issues of common interest to data assimilation and reanalysis communities, such as Earth system and coupled approaches, ensemble techniques and covariances, process studies, handling of systematic errors, diagnostics and verification, emerging AI and Machine learning techniques, open science and collaborative platforms. The Symposium will focus on an Earth system view of observations.

International Conference “Agricultural insurance, Reinsurance & Brokerage for CIS, Europe & Asia”
  October 4-6, 2021
  Biltmore Hotel Tbilisi, Georgia
  Website

The goal of the conference is to enhance the dialogue between the keyplayers in the agricultural insurance markets of Europe and Asia. Insurance, Reinsurance and Broker companies get the unique opportunity to discuss various issues related to developing markets. The Program will focus on the challenges and technical specifics of the introduction and upscaling of crop and livestock insurance programs. The conference will also include a Panel Discussion dedicated to the challenges that the agricultural insurance industry struggles with and possible ways to address those challenges with methods, solutions and technologies available.

26th UN CLIMATE CHANGE CONFERENCE UK 2021
  October 31 - November 12, 2021
  Glasgow, UK
  Website

The 2021 United Nations Climate Change Conference, also known as COP26, is the 26th United Nations Climate Change conference. It is scheduled to be held in the city of Glasgow from 31 October to 12 November 2021 under the presidency of the United Kingdom. The COP26 summit will bring parties together to accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change (UNFCCC). The UNFCCC is a treaty that sets out the basic responsibilities of the 196 Parties (States), plus the European Union, in taking climate action.

BLOCKCHANCE EUROPE 2021
  December 2-4, 2021
  Hamburg, Germany & Virtual
  Website

BLOCKCHANCE® is Germany’s leading blockchain conference The BLOCKCHANCE mission is to educate society about contemporary economic trends, social changes and chances brought to us by Blockchain and Distributed Ledger Technologies. The 3-day conference, with over 120 speakers and more than 50 exhibitors creates a networking, match-making and education platform for investors, entrepreneurs, politicians, IT experts, scientists, and the interested public. Key topics of the 2021 conference are Blockchain technology use cases, digital assets, sustainability, governance, traceability, data security, id management, token economy, digital banking, intelligent transport systems, robotics, AI and IoT.

ICARMCI 2021: International Conference on Agricultural Risk Management and Crop Insurance
  December 9-10, 2021
  Virtual
  Website

The International Conference on Agricultural Risk Management and Crop Insurance aims to bring together leading academic scientists, researchers, and research scholars to exchange and share their experiences and research results on all aspects of Agricultural Risk Management and Crop Insurance. It also provides a premier interdisciplinary platform for researchers, practitioners and educators to present and discuss the most recent innovations, trends, and concerns, as well as practical challenges encountered, and solutions adopted in the fields of Agricultural Risk Management and Crop Insurance.

In case you missed

Linking agricultural insurance and social protection - FAO

Rural populations in developing may be both heterogenous and diverse but they nonetheless share a number of commonalities such as their relation to agriculture as a core source of income and livelihood stability, the elevated poverty levels they face and their considerable exposure to a variety of different risks (e.g., economic, social, environmental and health-related risks), as well as their limited capacity to cope with these shocks.  The combination of these aspects makes rural populations extremely vulnerable to the effects of climate change and the associated increased risk exposure to natural hazards. In the frames of disaster risk management and the mitigation of vulnerability to climate change, social protection systems can play a fundamental role at a systemic level in bridging the gap between emergency, post-disaster measures, and longer-term development interventions that focus on rehabilitating rural populations’ livelihoods. Read more...

Guy Carpenter’s Climate Advisory and Modeling Services

Guy Carpenter & Co., the reinsurance business of Marsh McLennan, announced the launch of a suite of climate advisory and modelling services. This service came because the companies need to develop and integrate robust climate change strategies into their overarching environmental, social and governance (ESG) programs. The shift to a less-polluting lower-carbon economy is spawning multiple transition risks, while failure to manage these physical and transition exposures is generating the potential for liability risks. To enable its clients to navigate the multitude of challenges created by this environment, Guy Carpenter has established an integrated range of services designed to address multiple facets of physical and liability risk, while at the same time partnering with other Marsh McLennan businesses to address transition risk. Read more...

Canada in a Changing Climate 2021 report

As record-setting hot temperatures continue across Western Canada, a new federal report states that such extreme weather events are going to be much more common should the country not be prepared enough for the disastrous effects of climate change. The report led by Natural Resources Canada was released in June 2021. Extreme weather events, shifting rainfall patterns, higher temperatures and rising sea levels will “persist, and in many cases, will intensify over the coming decades,” the report reads. The climate effects would impact all sectors of Canada’s economy. While Canada’s agriculture sector is intrinsically adaptive, its ability to adapt is being challenged by the impacts of climate change, including a northward shift in the distribution of many insect and disease species and new invasive species. Changes in temperature and precipitation patterns will bring shifts in the distribution of crops. Access the report here...

Blockchain for climate action in agriculture

Climate change adaptation and mitigation (CCAM) entails many challenges. Addressing these challenges requires transformational changes for which innovative solutions should be investigated. Among innovative digital technologies, blockchain technology (BCT) has been considered to offer a unique opportunity to bring greater efficiency, transparency and traceability to the exchange of value and information in the agriculture sectors. The Food and Agriculture Organization (FAO) and Wageningen University & Research (WUR) have published a study to provide insights into potentialities, steps and best practices in applying BCT to use cases in agriculture in the context of climate change, to explore the opportunities and challenges in applying the blockchain technology in agricultural sectors with the aims of reducing greenhouse gas emission, increasing carbon sequestration, as well as supporting farmers’ adaptation to climate change. Access the study here...

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