Addis Ababa — Index insurance is being promoted as a solution to protect climate affected smallholder farmers in Africa. This type of micro insurance is slowly gaining ground as a way of compensating farmers for lost crops and livestock due to climate change.
A number of African governments have either introduced or are piloting index insurance while some are still waiting and watching to see if it will have any tangible impact. Various experts attending the Global Green Growth Week conference in Addis Ababa, Ethiopia discussed and shared experiences with index insurance as an innovation in agriculture for climate and food security in Africa.
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