Thursday, May 29, 2025
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home Business

Bayer to insure 10 million smallholder farmers in South Asia and Africa in partnership with Pula Foundation

News Desk
January 30, 2025
Bayer to insure 10 million smallholder farmers in South Asia and Africa in partnership with Pula Foundation
Share on FacebookShare on Twitter

Karachi, Pakistan, January, 2025 – Bayer Foundation and the Pula Foundation announced last week at World Economic Forum in Davos, Switzerland, that they are planning to provide insurance coverage for 10 million smallholder farmers working with national governments in Pakistan, Bangladesh, Malawi, Ghana, Nigeria, Kenya and Mali, by 2030. The collaboration aims to enhance climate resilience among smallholder farmers in these
countries, protecting them against the growing impacts of droughts and floods, which threaten harvests, livelihoods, and global food security. It will help build private-public collaborations and shape the insurance market for agriculture in Africa and Asia.
By the end of 2030, Bayer Foundation’s grant for insurance premium support in the amount of 10 million euros – supported by a donation from Bayer’s Crop Science Division – will unlock a potential insurance coverage of 127 million U.S. dollars for 10 million farmers in the targeted countries. The grant originates from Bayer Foundation’s Social Innovation Ecosystem Fund which targets mature and high-impact solutions for underserved communities.
According to FAO, in 2023, around 2.33 billion people globally faced moderate or severe food insecurity. Smallholder farmers are on the front lines of combating food insecurity, producing more than half of the food consumed in low- and middle-income countries (LMICs). Yet, they face severe constraints in their ability to serve their communities, including lack of climate change adaptation tools, lack of access to agricultural inputs and inadequate credit and insurance services.
“Bayer’s Crop Science division is committed to deliver innovative, farmer-focused solutions that drive sustainable growth and regenerative agriculture,” said Rodrigo Santos, President of Bayer’s Crop Science Division, “By unlocking climate finance and collaborating with partners like the Pula Foundation, we aim to deliver ecosystem-based approaches that empower smallholder farmers and their communities to overcome challenges and thrive.”
“Smallholder farmers in Pakistan face tremendous economic challenges in the face of climate disasters such as the 2022 monsoon floods that caused devastating crop and infrastructure

– 2/3 –

SECRET
losses,” added Ahmed Ali, Managing Director and CEO Bayer Pakistan, “We therefore appreciate
and welcome this timely and relevant initiative by Bayer Foundation in collaboration with the Pula
Foundation, to enable greater resilience for our smallholder farmers.”
Bayer aims to support a total of 100 million smallholder farmers in LMICs by 2030, by improving
their access to agricultural products and services, thereby increasing their productivity and
income, as well as by creating resilience to ensure long-term food security, in keeping with the
company’s global mission, Health for All, Hunger for None.

News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

Zong Inaugurates State-of-the-Art Customer Service  Center in Rawalpindi
Headline

Zong Inaugurates State-of-the-Art Customer Service Center in Rawalpindi

May 28, 2025
On the 27th anniversary of Youm-e-Takbeer, the Armed Forces of Pakistan,
Headline

On the 27th anniversary of Youm-e-Takbeer, the Armed Forces of Pakistan,

May 28, 2025
Not in a flood zone? You could still flood. Find your home’s risk on our map.
Headline

Not in a flood zone? You could still flood. Find your home’s risk on our map.

May 28, 2025
Zubair Haider Shaikh, called on His Excellency Mr. Cemal Sangu, Consul General
Business

Zubair Haider Shaikh, called on His Excellency Mr. Cemal Sangu, Consul General

May 28, 2025
Al Furqan Welfare Organisation organised the result day for Branch 7, Korangi.
Headline

Al Furqan Welfare Organisation organised the result day for Branch 7, Korangi.

May 28, 2025
 Field Marshal Syed Asim Munir, NI (M), Chief of Army Staff (COAS),
Headline

 Field Marshal Syed Asim Munir, NI (M), Chief of Army Staff (COAS),

May 28, 2025
Managing Director of Sindh Education Foundation,
Headline

Managing Director of Sindh Education Foundation,

May 28, 2025
CCP Fines Housing Society PKR 150 Million for Misleading Advertising
Business

CCP Fines Housing Society PKR 150 Million for Misleading Advertising

May 28, 2025
“Pakistan Pavilion shines at Expo 2025 Osaka, Japan”, said Federal Minister for Commerce, Pakistan
Business

“Pakistan Pavilion shines at Expo 2025 Osaka, Japan”, said Federal Minister for Commerce, Pakistan

May 27, 2025
Burhan Mirza IT Investor: His Role in  Pakistan’s Tech Industry
Business

Burhan Mirza IT Investor: His Role in Pakistan’s Tech Industry

May 27, 2025
Next Post
StormFiber Expands to Chitral: Empowering Pakistan’s Digital Future

StormFiber Expands to Chitral: Empowering Pakistan’s Digital Future

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Most Popular

Another leak: TikToker Somal Mohsin’s private videos go viral

Aga Khan University Celebrates Student Innovation at Concluding Ceremony of President’s Challenge for Climate Solutions

We will live with Covid19 for months. Let’s not deny it or panic: Dr. Faheem Younus

PHDEC’s Mango Bagging Initiative Boosts Export Opportunities in Jalalpur, Multan

Karachi Leadership Visits Dubai for Final Launch Preparations, Hanif Gohar

Must Read

Govt aims to promote medical tourism: Dr Azra Pechuho.
HEALTH / EDUCATION

Govt aims to promote medical tourism: Dr Azra Pechuho.

October 18, 2024
Ericsson
Headline

Ericsson presents its latest technology and thought leadership to Jazz Pakistan

July 16, 2021
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.