Measuring Rice Yield from Space

Leveraging Technology and Innovation for Disaster Risk Management and Financing

“…The increasing access to data and imagery from earth observation satellites and aircraft, street-level cameras, connected devices and crowdsourcing of volunteered geographic information-and the enhanced ability to integrate and analyze this data and imagery through big data analytical techniques-is also being leveraged by insurance companies (and insurance service providers) to lower the cost of underwriting insurance coverage. For example, some service providers have developed platforms that provide instantaneous risk reports and scores covering storm, flood, earthquake, and wildfire for any address in (Guan et al 2018). One recent study found that the use of publicly available Google Earth imagery for measuring the size of cultivated land in the Lao People's Democratic Republic, the Philippines, Thailand, and Viet Nam provided sufficient accuracy to serve as a cost-effective alternative for validating self-reported information from farmers (Dillon and Rao 2018).…”