The German Ministry for Economic Cooperation and Development has donated $5.9 million to the World Food Programme (WFP) to help small farmers in Africa to insure themselves against climate risks. The funding will benefit 1.3 million small farmers.
“This donation comes at a crucial time when the COVID-19 pandemic is amplifying the effects of the climate crisis. It will enable beneficiary countries to strengthen their safety nets and their capacity to manage both risks at the same time,” said Gernot Laganda, head of risk and disaster reduction programmes at WFP.
Agricultural insurance policies will be taken out by WFP for 45,000 farmers in The Gambia, 745,000 in Mali, 108,000 in Mauritania, 175,000 in Burkina Faso and 260,000 in Zimbabwe for the 2020/2021 agricultural season.
Source: Ecofin Agency