Examine the concept of weather derivatives and examine how they are designed to operate. Make a case for the introduction of weather derivative in Ghana based on the experiences of other nations.

Discuss the concept of credit derivatives and explain their relevance in the modern financial system.

Answer rating: 100% (QA)

Weather derivatives are financial instruments that allow businesses and individuals to hedge against weatherrelated risks such as temperature rainfall snowfall or wind speed They are designed to opera... View the full answer