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Addis Ababa, Ethiopia
11-13 June 2025
The Financial Resilience in Agriculture (FRA) initiative, led by UNDP’s Insurance and Risk Finance Facility and funded by the Gates Foundation, strengthens smallholder farmers’ financial resilience to climate change through innovative agricultural insurance programs in 5 countries.
The FRA Community of Practice (CoP) is a government-led platform for collaboration, bringing together policymakers, central banks, insurance regulators, and development partners. It focuses on peer learning and country-led solutions to make agricultural insurance a key part of national financial and development systems.
Following the inaugural FRA CoP in India (2024), Ethiopia will host this next global gathering, convening leaders from 25+ countries across the Global South and North to share knowledge, shape policy innovations, and explore ways to expand agricultural insurance.
Day 1: High-level welcome and panel discussions on Ethiopia’s agricultural insurance landscape, global best practices, and South-South cooperation
Day 2 (government only): Policy discussions, case studies, and working sessions on institutionalizing agricultural insurance
Day 3 (government only): Sessions on financing strategies for implementation, and a field visit showcasing insurance solutions in practice
Smallholder farmers produce half the world’s food, yet they remain highly vulnerable to climate shocks and financial risks. Droughts, floods, and extreme weather are wiping out harvests, driving food insecurity, and destabilizing rural economies.
At the same time, governments face mounting fiscal risks, as climate-related disasters have caused $3.8 trillion in agricultural losses over the past 30 years. Yet, 80% of smallholder farmers have no formal insurance, rising to 97% in sub-Saharan Africa. Without sustainable financial protection, farmers struggle to invest, food systems remain fragile, and national economies absorb the cost of repeated crises.
Scaling agricultural insurance can support governments to stabilize rural economies, reduce fiscal risks from climate shocks, and unlock investment in resilient food systems.
The FRA CoP is a government-led platform for action, bringing together key decision-makers from Ministries of Agriculture, Finance, Central Banks, and Insurance Regulators to create sustainable, nationally owned agricultural insurance systems.
UNDP’s approach sets FRA apart: it goes beyond pilots to strengthen policies, institutions, and value chains, ensuring long-term sustainability and private sector engagement. By linking public and private actors, FRA is shaping a global movement to make agricultural insurance a pillar of economic resilience and climate adaptation.
For more information, contact: irff@undp.org
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