Platform for Agricultural Risk Management (PARM) - Phase 1

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A holistic approach to agricultural risk management (ARM) is an innovative approach to improve the resilience of vulnerable rural households and leverage finance and investment. ARM is a pro-active way of thinking for farmers and businesses “to be prepared” increasing their capacity to assess, absorb and adapt to risks. In this context, the Platform for Agricultural Risk Management (PARM), initiated by G8-G20 leaders in 2012, has the global unique mandate to enable the integration of a holistic Agricultural Risk Management (ARM) into the policy planning and investment in the agricultural sector of least developed countries (LDCs), low- and middle-income countries (LMICs). This will enable partners countries to move away from a culture of coping with disasters towards a smart management of risks.