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PARM urges institutionalisation of Agriculture Risk Management

PARM urges institutionalisation of Agriculture Risk Management

August 3, 2022
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The Platform for Agricultural Risk Management (PARM) was delighted to promote Capacity Development in Agricultural Risk Management (ARM) at regional level, and also to promote gender mainstreaming as an ARM tool as well as how ARM can support climate action initiatives.

This was made possible as PARM was a part of the Aspen Network of Development Entrepreneurs, ANDE 2022 Regional Conference sponsors. The conference was held in Accra, Ghana.

A session on Policy Dialogue: Climate Finance and Risk Management for African Agriculture, addressing the importance of Capacity Development on ARM with a holistic perspective, and the role of Capacity Development in de-risking investment in agriculture and rural development sector.

Organised in collaboration with the Ministry of Agriculture, Animal and Fishery Resources of Burkina Faso and the Ministry of Livestock and Animal Protection of Senegal, the session also benefited from the participation of “Investisseurs & Partenaires”, an impact investor active in several African countries.

Mrs. Francesca Nugnes, Capacity Development Specialist at PARM highlighted the importance of a dialogue among stakeholders including academics, producer organisations, financial institutions and governments which nurture and sustain ARM tools; thus, she emphasized the importance of institutionalising ARM into national agricultural policies, strategies and investments.

The session also underlined the importance of knowledge/information sharing and awareness raising of small farmers and their organisations about agricultural risk management. “

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