Magazine date:
Nov 2009 The NGO Oxfam America is offering Ethiopian farmers a cover against climate risks for a premium of five dollars a year and per half a hectare of insured land. Those who cannot afford to pay this premium are offered work for 10 days on irrigation or other projects by the NGO. About 200 farmers in the Tigre province have underwritten this cover.
In the event of a bad crop, they will be entitled to a compensation of 25 USD per insured half hectare.