Climate change is particularly perilous for small farmers. Warmer conditions are resulting in more damaging bouts of rain and drought, but traditional crop insurance products are often unavailable or financially out of reach.
In Africa, 99% of smallholder farmers are not insured against natural catastrophes. Floods were responsible for roughly 12% of food insecurity in Africa between 2009 and 2020, according to recent research.
To help this popu