Oxfam America Expands Drought-Insurance Test Program in Africa
October 13, 2009
The U.S. branch of the global development charity Oxfam is offering drought insurance to farmers in Africa to support agriculture and lessen the impact of climate-triggered famines, reports The Boston Globe.
The program, supported by the Rockefeller Institute and the insurance giant Swiss Re, has thus far made coverage available to about 200 Ethiopian households, 38 percent of them headed by women. With a new $565,000 Rockefeller grant, the effort is set to expand from one village to five.
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