5. Conclusions and Policy Implications
Bangladesh is located in disaster-prone area resulting in recurrent floods, cyclones surges and perennial riverbank erosion problem. Local level adaptation strategies are the key to reducing the impacts of such hazards on agriculture, food production and the vulnerability of rural households. This research goes beyond examining the determinants of hazard-prone resource-poor rural households' local adaptation choices and the barriers to adaptation. It focuses on the influence of institutional access and social capital on adaptation choice as a way forward to support and sustain local adaptation process of these vulnerable households. The MNL model passes the assumptions of the IIA and does not suffer from the potential multicollinearity, heteroskedasticity and endogeneity problems as confirmed by the statistical tests. The study reveals that households have somewhat responded to the riverbank erosion hazards and other climate change issues through adopting a range of adaptation strategies depending on their socioeconomic and household characteristics, and access to institutional facilities and social capital. Migration appears to be an important adaptation strategy for small and landless farmers in particular while other important adaptation strategies are diversifying crops and varieties, diversifying income sources, adjusting plantation time and techniques, planting trees and homestead gardening. The important barriers to adopting the adaptation strategies include a lack of information about riverbank erosion and related climatic issues, a lack of knowledge about appropriate strategies, unsuitable crop varieties, the limitations of one's own land and limited access to credit.