Agri-insurance for smallholder farmers
March 31st, 2022
Economic losses due to climate change have increased sevenfold from the 1970s to the 2010s. Scientists predict that climate change-driven events will only become more frequent in the coming years. The impacts of climate change are more pronounced in low- and middle-income countries, where a large proportion of the population depends on climate-vulnerable sectors such as agriculture.
While agricultural insurance is a powerful tool to reduce vulnerability and help smallholder households adapt to climate change, the adoption rate of agricultural insurance among smallholder farmers remains significantly low.
The State of the Sector: Agri-Insurance for Smallholder Farmers Report presents the current state of agri-insurance for smallholder households, introduces new ways of thinking about the sector and much more.
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