NEWS
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News
09.01.2025

Indonesian forestry minister proposes 20m hectares of deforestation for crops

An Indonesian government plan to clear forests spanning an area twice the size of South Korea for food and biofuel crops has sparked fears of massive greenhouse gas emissions and biodiversity loss.

09.01.2025

Ireland - Snowfall causing collapsed farm sheds and injured livestock leads to increase in insurance calls

Insurance companies are receiving large amounts of calls from farmers about collapsed sheds and dead animals following heavy snowfall in recent days, according to a specialist in loss assessing who has worked in the industry since 1980.

09.01.2025

Philippines - Kanlaon eruption damage to agricultural sector reaches P129.39 million

The amount of damage to agriculture caused by the eruption of Kanlaon Volcano in Negros has reached P129.39 million, according to the Department of Agriculture.

09.01.2025

South Africa farmers raise alarms amid steep decline in agricultural sector

AgriCulture South Africa (Agri SA) and the Agricultural Business Chamber of South Africa (Agbiz) have raised concerns following a sharp decline in South Africa’s agricultural performance in the third quarter of 2024.

09.01.2025

India - Nilgiris faces threat of forest fires and crop losses due to severe cold and frost

Night temperature fell to 2°C in the last week of December. On January 4, it was 2.6°C and has not increased since then.

09.01.2025

FoodTechBangladesh makes major investments in aquaculture sector with the help of Dutch government

FoodTechBangladesh, a Bangladeshi-Dutch aquaculture partnership, has achieved two major milestones with the help of the Dutch government.

08.01.2025

Pakistan - Islamic Insurance Helps Cover Muslim Farmers Battling Climate Change

The 2022 floods helped bring renewed attention to takaful insurance as a possible solution in Pakistan, which aims to shift a third of the country's financial industryfrom conventional to Islamic banking by next year.

08.01.2025

Pakistan needs to shield farmers from climate-related financial impacts

Climate change is much more than about floods and storms. Everyone remembers the ‘biblical floods’ of 2022 that devastated Pakistan’s agriculture.Pakistani farmers have long been sensing the impact of the more common perils on their crops.

08.01.2025

Turkey - Agricultural insurance pool provides massive support to farmers

The Agricultural Insurance Pool (TARSIM)issued 3.2 million policies and distributed 22.5 billion liras in state premium support and damage compensation to farmers in 2024.Hail damage led to the highest payouts at 3.7 billion liras, followed by animal deaths at 1.8 billion liras and frost damage at 1.7 billion liras. Drought, storms and flooding also resulted in significant compensation payments.

08.01.2025

China Boosts Farmer Protection With Nationwide Insurance for Major Grains

China Finance Ministry on Tuesday announced the nationwide implementation of full-cost insurance and planting income insurance policies for rice, wheat and corn, as part of a food security drive to encourage planting of staple grains. The policy is aimed at improving the level of agricultural insurance protection, stabilizing farmers’ income, supporting the revitalization of rural areas and safeguarding food security, according to a notice released with the Agriculture Ministry and the State Administration of Financial Supervision.

08.01.2025

India revamps its crop insurance scheme

The Indian union cabinet has cleared the revamped versions of its two-flagship crop-insurance schemes to mitigate growing climate risks for the Indian farmers. The government has also extended the duration of these two crop insurance schemes - Pradhan Mantri Fasal Bima Yojana (PMFBY) and Restructured Weather Based Crop Insurance Scheme (RWBCIS) - for one more year till 2025-26. A total budget of INR695158m has been allocated for these two schemes.

08.01.2025

USA - Geospatial Awareness Lets USDA Comprehensively Evaluate Claims

When there’s too much rain, or not enough, or another calamity strikes, US farmers and ranchers rely on insurance from the Federal Crop Insurance Corporation to provide a safety net. In 2023, crop insurance covered more than $207billion in liability.Althoughmost farmers file claims for justified losses, occasionally fraudulent claims are filed.

07.01.2025

USA - $2.5M grant will support nature-based study of pathogen resistance in perennial crop systems

Plant pathogens - microorganisms and other disease-causing agents - can wreak havoc on agricultural and forest crop plantings, as well as rangeland.

07.01.2025

India - Sahyadri Farms secures $47.8M for expanding climate-resilient crops and processing capabilities

Sahyadri Farms Post Harvest Care Limited recognized as Indias largest fully integrated and tech-enabled horticulture platform, has successfully secured funding of approximately $47.8 million (Rs 390 Crore) from Europe-based PE fund responsibility, and US-based PE fund GEF Capital Partners.

07.01.2025

USA - Virginia Tech’s Alliance to Advance Climate-Smart Agriculture enrolls 1,300-plus farms in first year of landmark pilot program

The $80 million USDA-funded project - the largest grant in Virginia Techs history - provides financial support for farmers in selected counties in four states to implement agricultural practices that protect water, soil, and air.

07.01.2025

Mexican government seized more than 1,500 tons of illegal fishery products in 2024

The Mexican government claims it seized more than 1,500 tons of fishery products in its efforts to combat illegal fishing over the course of 2024.

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