Madagascar was in the spotlight through the active participation of the Minister for Agriculture and Livestock, Mr. Harison Randriarimanana at the 54th Global Insurance Forum hosted by IIS (International Insurance society) and the Institutes, for the 5th time in Berlin, a reflection of the commitment of Germany.

The objective of the Forum is to collect and exchange information, experiences leading into actions, and calling upon the commitment of all the stakeholders. The intervention of  the Minister, accompanied by the Chargé d’affaires a.i and a Counselor at the Embassy, is mainly part of the “Insuresilience Global Partnership” launched at the COP23 in Bonn in 2017, as a joint G7, G20 and V20 initiative, aimed at closing the global protection gap related to climate change, affecting both developed and developing countries.

Technical, financial, social and economic challenges are to be met, emphasizing on one hand the importance of collaboration and partnership, and on the other the need to update and adapt internal regulations for better efficiency.

The Minister’s country presentation of Madagascar, one of the 20 most vulnerable countries, raised awareness among the public on the livelihood of small farmers, calling upon joint actions to design and implement mechanism to promote micro-insurance for specific low-income small-holders.

Among other important elements of discussion was the necessity to deal with the root causes of climate change and the need to implement comprehensive actions along the value chain. It is worth noting that such initiatives are being implemented in the southern part of Madagascarthanks to the support of the German government through GIZ, in order to improve the resilience of the rural population to food insecurity by increasing their income.

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