With the increased frequency and severity of extreme weather events adversely affecting agricultural outputs and farmers’ incomes, commercial crop insurance has been touted as the solution for vulnerable farmers all over the world. Financial and farm interests have been promoting US crop insurance as the solution. It is instructive to consider lessons from the 2012 drought.
Ishaq Khan shivers as he recounts an unfortunate flash flood in 2010, which covered his maize and potato crop with mud and washed away over a dozen fruit trees he planted 45 years ago.
Some 135 million people could be displaced by 2045 as a result of land desertification, according to a recent UK ministry of defence report
. This figure could rise to 200 million who are displaced by other climate change impacts like natural disasters by 2050, said British environment refugee specialist Norman Myers.