WASHINGTON, May 28, 2018 – The World Bank Board of Executive Directors approved last Thursday a new US$150 million project to support 20,000 vulnerable, rural producers in Argentina through improving risk management in the agricultural sector to increase their resilience to extreme weather events such as droughts and floods.
The Integrated Risk Management in the Rural Agroindustrial System Project will include improving access to risk information, adoption of climate-smart technologies and risk management practices, as well as reform of the agricultural emergency system.
“This financing will facilitate risk mitigation for 20,000 small agricultural producers, increasing resilience in the face of climate events like draughts and floods. This project is yet another demonstration…