This act requires government to establish a risk management system specifically for the agricultural sector. It also establishes a compensation scheme for loss and damage caused by disasters that affect agricultural production, creates an insurance scheme for agricultural producers, funded partially by government subsidies and partially by international aid.
Act No. CLXVIII on handling weather-related and other natural risks affecting agricultural production
Summary
Documents
Document
About this law
Year
2011
Most recent update
30/03/2023
Geography
Response areas
Adaptation, Disaster Risk Management, Loss And Damage
Sectors
Agriculture
Note
The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.