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Malawi Paid $5 Million for Drought Insurance. The Model Was Watching a Crop the Farmers Had Stopped Planting.

In April 2016, the government of Malawi declared a national emergency. The rains had failed across southern Africa for the second year running, and 6.7 million Malawians were food-insecure, unable to…

  • Malawi declared national emergency in 2016 due to failed rains
  • Government paid $5M for drought policy from ARC Ltd
  • Policy monitored long-cycle maize crop not planted by farmers

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