THE Bayer Foundation and the Pula Foundation announced last week at the World Economic Forum in Davos, Switzerland,that they are planning to provide insurance coverage for 10 million smallholder farmers working with national governments in Pakistan, Bangladesh, Malawi, Ghana, Nigeria, Kenya and Mali, by 2030, as per a press release.

The collaboration aims to enhance climate resilience among smallholder farmers in these countries, 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. •