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Why parametric insurance matters in Nigeria’s climate response – Businessamlive
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Why parametric insurance matters in Nigeria’s climate response – Businessamlive
Joy Agwunobi As climate risks accelerate across Africa, leaving behind a trail of social, environmental, and economic disruption, traditional insurance mechanisms are increasingly being tested and in some cases, found wanting. In this evolving landscape, parametric insurance has emerged as a fast-rising innovation, offering a model of climate risk management that emphasises speed, transparency, and predictability. From Ghana to Zimbabwe, and now…
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