Farming insurance is an emerging tool in climate risk management that can help ensure smallholders are able to plant again the following season even if crops fail in the current one, and encourage them to take risks to invest more in their farms even when the climate is so unpredictable.
The climate footprint of the average smallholder farmer is minimal, yet they are among the worst impacted by a changing climate.
Governments must secure the livelihoods of farmers. One proven tool to increase farmers’ resilience is insurance. But with few insurers entering the market, government support is critical.
What makes trees such a great investment for smallholder farmers?
Winrose Wachiye beat last year’s drought in Kenya in part because of techniques she learned from One Acre Fund.