Great news for YAPU customers in Ecuador: After Guatemala, Ecuador will be the second country for which complete risk maps at the country-level are now available. This allows for the first time the measurement of four climatic events in the agricultural risk management analyses in continental Ecuador:
Based on the geo-reference of a given end-customer assessed with the YAPU Software, our clients can now define the risk this client is exposed to in any of the above-mentioned hazards. It allows to comprehensively assess the climate vulnerability of any end-customer, when combined with the climate sensitivity as well as adaptive capacity which are available in YAPU’s automated analysis. This helps our clients tremendously to understand the risks of their customers on the one hand, but also to react to them on the other. End-customers in drought areas for example, can be supported by financing a water-reservoir ro a drip irrigation. Suitable adaptation-measures are available against all four categories of hazards – now that they are visible, our clients can react to them.
Exposure is a key to assess climate vulnerability:
This is not only possible on the individual level, but also on the portfolio-level. To know which part of ones portfolio is “at risk” within the hazard categories is a huge competitive advantage: Who knows which part of the portfolio is at risk, can monitor developments over time and react to them. In case of a real hazard, this can save a lot of money!
The data to build this is provided by the leading research institute CIAT/CGIAR. The analysis shows the risk of the various hazards on a scale from 0-5 and includes monthly weather pattern as well as ENSO events.
Contact us if you want to know more.
Link ENSO event:
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