The study, “Impact of extreme rainfall days on the well-being of the households in the formal and informal sectors,” was featured in The Philippine Star Article entitled, “Affordable Insurance Pushed for Poor Households.”
“Poverty alleviation programs for households near the poverty line should include the provision of affordable insurance and specialized access to credit to help them cope with economic shocks from extreme weather conditions )[…] Weather events like typhoons can push informal sector workers into poverty from which it may not be able to recover because of limited resources.”
READ: Affordable Insurance Pushed for Poor Households
Photo from The Philippine Star, Noel Celis/AFP
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