Ethiopia secures €4 million EIB climate insurance financing to protect 210,000 smallholder farmers
Ethiopia is set to receive up to €4 million from the European Investment Bank’s development arm, EIB Global, to develop and expand climate-risk insurance for about 210,000 smallholder farmers, as the country seeks to close a persistent gap in agricultural finance and protect rural incomes from droughts, floods and other weather-related shocks.