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Article

8 Nov 2016

Author:
COP22 Morocco news

Index-based insurance is key to helping African farmers adapt to climate change, say development agencies at COP22

"Index-based insurance, key to helping small-scale farmers in Africa adapt to climate change effects," 8 Nov 2016

African rain-fed plantations are already feeling the impact of the climate change effects on their output hence the urgent need for setting up adaptation mechanisms facilitating access to funding through the development of an index-based insurance system targeting small-scale farmers, underscored participants in a side event hosted in Moroccan pavilion at COP22. During the event…participants highlighted the vulnerability of African agriculture to climate change which takes a toll on the yields of small-scale farmers as a result of recurring drought seasons and erratic weather patterns. In this regard, panellists…stressed the need for gearing index-based insurance towards reinforcing small-scale farmers’ resilience and adaptation to climate change effects. Speaking on this occasion, Director General of ADA said…“Insurance is a key component of the Initiative for the Adaptation of African Agriculture (AAA),” a move that aims at reducing the vulnerability of Africa and its agriculture to climate change which represents one of the main objectives of Morocco’s COP22 presidency…

 

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