News
19 Jun 2012
3 min read
Multi-risk climate insurance: Compensation for affected farmers in the Souss
The Mamda (Moroccan Agricultural Mutual Insurance) recently launched in Agadir the compensation operation for farmers affected during the 2011/2012 season who had taken out multi-risk climate insurance. Thus, about twenty affected farmers received their cheques for the first instalment. The other affected farmers will also receive their compensation at the local Mamda agencies.This operation is highly symbolic, as it announces a new era in the agricultural field. Indeed, the latter, never being safe from climatic hazards, has suffered in the past from major material damage due to drought, frost, hail, violent winds, sandstorms, excess water, …To remedy this situation, which is detrimental to the agricultural sector, an agreement relating to multi-risk climate insurance was signed in August 2011 between the State, represented by the Ministers of Economy and Finance and of Agriculture and…
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