Climate-based agricultural insurance
ICEED is working to develop climate insurance solutions aimed at helping farmers recover from losses to crops that are related to climate change events. This insurance scheme will help to strengthen the resilience of rural farmers to climatic risks.
The project will reduce rural poverty, promote environmental sustainability and strengthen international partnership on climate risk management in Nigeria.
The centre has formed a partnership with the Nigerian Meteorological Agency, National Insurance Commission and the Nigerian Agricultural Insurance Scheme to research, develop and launch this scheme. Funders: DFID through the Coalitions for Change Programme and International Centre for Energy, Environment and Development.