Derivatives for development? Small-farmer vulnerability and the financialization of climate risk management.

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The rise of flex crops and commodities: implications for research (2016, background): “A prerequisite to this, of course, is that the different aspects of agro-food provisioning – be it farmland, price risk or weather uncertainty – must be assembled into investible objects (Isakson 2015; Li 2014; Martin and Clapp 2015).”
Development geography II (2018, background): “For example, Isakson (2015) analyses the creation of derivative markets for small farmers in ‘Less Developed Countries’ through Index-Based Agricultural Insurance (IBAI).”
Climate-smart agriculture: what is it good for? (2018, background): “…record of effectiveness, the making of a ‘success story’ out of weather insurance appears to be driven by prior institutional investments in the programme alongside a firm ideological commitment to market-driven risk mitigation through financial extension (see also Isakson 2015; Taylor 2016).”