Posted by: APO | 9 May 2018

African Smallholder Farmers Get Insurance Payouts of US$ 1.5 Million after Low Rainfall

Poor rainfall in parts of Africa has triggered the largest insurance pay-out to date for vulnerable farmers under an innovative climate risk management scheme known as the R4 Rural Resilience Initiative (R4). Farmers participating in R4 – launched by the United Nations World Food Programme (WFP) and Oxfam America in 2011 – will receive insurance payments totalling US$ 1.5 million to compensate for… Read more on https://africa-newsroom.com/press/african-smallholder-farmers-get-insurance-payouts-of-us-15-million-after-low-rainfall?lang=en


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