Colombia’s cocaine market collapsed: farmers
Armed conflict in Colombia displaced more than 180,000...
Forced displacement
Petro orders Colombia’s security forces to end ceasefire...
Central Colombia mining disaster kills 21, rescue attempts...
At least 11 dead, 10 missing after central...
Can Colombia afford excluding paramilitaries from peace process?
‘Ivan Mordisco’
Colombia’s ‘total war’ on illegal mining shuts down...
Petro announces peace process with Colombia’s dissident FARC...
  • About
  • Support
  • Newsletter
  • Contact
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion
Economy

Less than 1% of Colombia’s farmland insured

by Ben Hockman March 11, 2011
1.6k

Colombia news - agriculture

Less than 1% of Colombian farmland is insured, less than any other Latin American country, according to the Ministry of Agriculture and Rural Development, El Espectador reported Friday.

While so many farmers remain uninsured against climate changes such as flooding or drought, federal funds allocated for agriculture insurance are not being used, according to the report.

“Of over 12 million acres of farmland in this country, only 45,000 are insured. In addition, the money the government provided for insurance is not being spent, because in 2009 there was about $13 million and only about $2.7 million were used. Last year we had $11 million and only $ million were used,” said the head of the National Agriculture Risk Assembly Ivan Dario Royade Agudelo.

Last year the funds the government spent went to support an initiative to bring insurance coverage for farmers in the tobacco industry. In 2008, 37% of land for tobacco farming was insured, which has greatly aided farmers in dealing with Colombia’s rainy season.

The Ministry of Agriculture and Rural Development hopes to replicate the crop insurance initiative which was successful in the tobacco industry in other sectors, such as the coffee and banana industries. The ministry’s goal is to bring insurance to 15% of farmland through such initiatives.

agricultureeconomyfarming

Contribute

Trending

  • Central Colombia mining disaster kills 21, rescue attempts ended

  • Petro orders Colombia’s security forces to end ceasefire with AGC

For patrons

Downloads for patrons

Related articles

  • Colombia’s GDP and GNI

  • UN to monitor indigenous rights and land reform in Colombia

  • Inflation

  • Twitter
  • Email
  • Rss

@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion