Impact of climate change on smallholders and their coping strategies
by MSC
May 23, 2023
1 min
Smallholder farmers face many risks from climate hazards like flooding. We identified seven factors critical to building their resilience to climate change. Strategies like emergency funds, relocation, and borrowing can help them recover quickly from disasters and prepare for the future.
Smallholder farmers living in the floodplains of the River Ganges are highly vulnerable to climate change, especially floods. They face many barriers to accessing financial services that could help them cope with natural disasters. Our research identified seven crucial factors that can help build their climate resilience. Strategies such as arranging emergency funds, relocation, job opportunities in cities, and borrowing from moneylenders and financial institutions can enable smallholders to prepare for hazards and recover quickly from them.
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