As small-scale farmers around the world are adopting drought-resistant crops or methods, finding money can be a problem, and interest rates are often high. A new "climate-smart lending platform" aims to help farmers protect their crops, while helping lenders find customers who are a lower credit risk because their harvests are less vulnerable to extreme weather.
Adaptation and mitigation will cost the world billions of dollars. Looking to the Dutch, who make about two percent of their GDP by exporting water expertise, Norfolk businesses, universities, and local government in the low-lying coastal city are trying to re-frame the risk of sea-level rise as an economic opportunity, reflected in the city’s 2015 resilience plan.
A new mobile app designed to help homeowners better understand how to strengthen their homes to withstand severe weather events has been released by Munich Re, US, and the Insurance Institute for Business & Home Safety. It walks homeowners, contractors and architects through the home strengthening process, providing information based on their specific input.