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Insurance and Risk Management Tools for Agriculture in the EU

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This report responds to the mandate given to the EIB in the Strategic Dialogue on the Future of EU Agriculture (September 2024) to explore forms of support for agriculture insurance schemes and other climate adaptation de-risking schemes in agriculture systems. The report delivers:

  • A comprehensive quantification of current and future climate-related agriculture financial risks to crops across the European Union under present conditions and up to 2050.
  • A classification and evaluation of the performance of current insurance systems and wider public prearranged finance to cover those risks.
  • Estimates of uninsured risks and losses, the protection gap that falls on farmers and governments.
  • A comprehensive inventory of agriculture insurance systems across the EU with a detailed analysis of ten Member States that represent the range of different insurance systems

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