Monday
January 27
2025

Bayer and Pula Foundation Partner up to Insure 10 Million Smallholder Farmers in Sub-Saharan Africa and South Asia

Bayer Foundation and the Pula Foundation today announced at World Economic Forum that they are planning to provide insurance coverage for 10 million smallholder farmers by 2030. The collaboration aims to enhance climate resilience among smallholder farmers, protecting them against the growing impacts of droughts and floods, which threaten harvests, livelihoods, and global food security. It will help build private-public collaborations and shape the insurance market for agriculture in Africa and Asia.

Photo courtesy of Mozambique – Massaca Reservoir Water Collection Agric – John Hogg.

Source: Farmers Review Africa (link opens in a new window)

Categories
Agriculture, Environment
Tags
climate change, food security, public-private partnerships, smallholder farmers