CLIENT: IIASA (International Institute of Applied Systems Analysis), Austria.
YEAR: 2004 - 2006
SUMMARY: The Pampas is one of the main one of the main production and environmental systems of Argentina. It is a widespread and flat area that functions as a closed basin (without a topography that allows effective removal of excess flows).
This productive, environmental and social system (with the presence of a large number of locations in different sizes) systemically faces two main risks: the risk of product markets is reflected in a certain degree of variability and unpredictability of prices agricultural production and the environmental risk is also evident systemically, in a variety of situations excesses climate extremes (floods) and defect (drought).
This paper focuses on the floods that can affect several million Catastrophic productive and populations distributed in the territory while hectares way. On the analysis of these systems have significant residual risks defined as one that is not economically viable by reducing mitigation measures (structural), a financial strategy is presented for generating a compensation fund to emergencies combined with an insurance system against climate phenomena will cover the negative impacts of statistically robust way.
RESULTS: The result is the design of a transfer scheme residual risks insurance markets in combination with the development of a compensation fund to emergencies. This scheme addresses many of the merits that are looking for strategies to adapt to climate variability and change and watershed territories. This is an ex ante combined with a suitable plan of structural (infrastructure) and a modern management model strategy can mean less vulnerability of the region and increased production capacity. Also generate signals in terms of price and safe that can lead to a better development of activities in the territory.