World Bank press release 10/03/2015

World Bank: Protecting Women Farmers Against Weather Risk

Insuring crops against unforeseen weather events is a standard practice among farmers in rich countries. But traditional agriculture insurance and disaster insurance are either unavailable or very expensive in many developing countries, leaving small farmers particularly vulnerable to vagaries of nature.
Without insurance, a severe drought, a devastating earthquake or another extreme weather disaster can wipe out small farmers. Such uncertainties make them more risk averse and less likely to invest in inputs to grow and expand their farms.

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