Magazine date:
Oct 2011 The Moroccan State plans to establish a mechanism for agricultural risk management which will provide for the protection of small farmers and increase investment in this key sector.
This insurance is likely to cover an estimated production of 12 billion MAD (1.45 billion USD) in 2011 and 23 billion MAD (2.8 billion USD) in 2020. The first analysis conducted by the regulatory authorities has shown that drought is the most important risk endangering 40% of the farmers’ revenues. Crop-threatening diseases (21%), then wind-caused damages (10%) and finally high temperatures come second.