Showing posts with label Climate Losses. Show all posts
Showing posts with label Climate Losses. Show all posts

Thursday, July 24, 2025

Protecting Filipino Farmers from Climate Losses: Igloo’s Weather Index Insurance Offers a Solution

Source: Pixabay

Filipino farmers are left vulnerable to financial losses from extreme climate events, yet only one-third are insured.

After months of scorching heat, the country is now grappling with torrential rains as the rainy season sets in. While the rains offer hope for renewed harvests, they also carry the threat of stronger, more destructive typhoons. Despite their vital role in food production, farmers remain among the most vulnerable, repeatedly bearing the brunt of extreme weather with limited protection.

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