Adaptation des formes de financement agricole au changement climatique : cas du warrantage au Bénin

Adaptation of agricultural finance to climate change: the case of warrantage in Benin. The challenges of climate change require adapted forms of agricultural finance. The study analyzed the adaptability of forms of warrantage to climate change in Benin. Data on promoters of the warrantage, stakeh...

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Bibliographic Details
Main Author: Janvier Egah
Format: Article
Language:English
Published: Presses Agronomiques de Gembloux 2021-12-01
Series:Tropicultura
Subjects:
Online Access:https://popups.uliege.be/2295-8010/index.php?id=1923
Description
Summary:Adaptation of agricultural finance to climate change: the case of warrantage in Benin. The challenges of climate change require adapted forms of agricultural finance. The study analyzed the adaptability of forms of warrantage to climate change in Benin. Data on promoters of the warrantage, stakeholders and their roles, difficulties and risks linked to the warrantage and their relationship with climate change were collected from direct stakeholders using an interview guide. The analysis of discourses and contents made it possible to identify the factors that make the current forms of warrantage unsuitable to face climate change. Actors involved in warrantage are financial institutions, producer organizations and government support services respectively playing the role of setting up credit facilities, establishing joint guarantee, marketing and providing advice on the packaging of warranted products. Climate and market risks are not covered. The current forms of warrantage are not adequate to face climate change. Thus, adapting the forms of warrantage to the climate change requires the involvement of an insurance company to insure the climatic risks and a meteorological service to provide climatic information to producers. Extension services will provide additional advisory support on access to drought tolerant varieties.
ISSN:0771-3312
2295-8010