Economie & Commerce
EIB Global Expands Climate-Risk Insurance for Farmers
EIB Global, the development arm of the European Investment Bank, is providing a grant of up to €4 million to the World Food Programme (WFP). This funding aims to expand climate-risk insurance for Ethiopian smallholder farmers, helping them to better withstand the impacts of climate change. The initiative underscores the EU's commitment to global development and climate resilience, particularly in vulnerable regions, by mitigating financial risks for farmers.
EU strengthens climate resilience for farmers in Ethiopia with new insurance funds.