Under the patronage of the President of the Northern Technical University and the supervision of the Dean of the Nineveh Technical Institute, the Financial and Banking Technology Department organized, and among its scientific plan for the department for the academic year 2021-2022 the scientific novelty entitled “Weather Derivatives is the latest financial innovation to hedge the weather risk. The section included the recent concepts of weather derivatives and how to hedge against the risks of these derivatives

The update aimed to clarify the types of weather derivatives, the risks involved, and how to hedge against these risks.