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Farmers seek parametric insurance after catastrophic losses across France linked to climate volatility

As the leading producer of wheat across Western Europe, France’s catastrophic losses in yields at their highest in over half a century have been met with alarm in the region. Researchers at three leading think tanks recently came together to research the link in production shortfalls to climate volatility. Their findings have put into question the viability of existing agricultural production systems and the sustainability of future crop yields, while at the same time signifying the urgent need for new financial protection for producers. Continue Reading