AfDB to support Nigeria to access Crop Insurance
The African Development Bank (AfDB) has announced its plan to support Nigeria to access Crop Insurance to mitigate the impact of climate change in the country. The President of the AfDB, Dr Akinwumi Adesina announced this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja. Adesina said that the bank would implement the support under its Second Climate Action Plan for 2016 to 2020. ``When it comes to Climate Financing, what we will do is to support Nigeria, especially to have access to Crop insurance. ``A lot of pastoralist actually needs to have insurance as well because lack of access to water can become a big problem because of drought. ``Also, I have being a big supporter of the need for the global climate financing mechanism to support countries to pay the premium to insure them against catastrophic risk. ``For example, there is a Facility, which is called Africa Risk Capacity and this is the Africa Union Facility that allows co...