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Companies Partner To Provide Crop Insurance To At-Risk Coffee Farmers

May 25, 2017: 12:00 AM EST
Nespresso is partnering with an insurance consortium to develop pilot crop insurance program for climate-dependent small coffee farmers in Colombia. Coffee and insurance markets do not always provide risk transfer mechanisms for the long-term security of small coffee farmers. The objective of the pilot insurance program from Nespresso and Blue Marble Microinsurance, a consortium or eight insurers, is to enhance farmers' welfare, address supply chain risk, and incentivize investment in coffee growing regions.
"Nespresso And Blue Marble Microinsurance Announce Partnership And Plan To Launch Pilot Crop Insurance Program For Smallholder Coffee Farmers In Colombia", News release, Blue Marble Microinsurance, May 25, 2017, © Blue Marble Microinsurance
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