ABSTRACT

About 1.3 billion people around the world live on less than a dollar a day and 70 percent of this population depends on agriculture to survive.1 A dearth of investment in agricultural production by governments of underdeveloped countries, donor countries, and inter-governmental institutions has resulted in declining harvests and severely degraded land. In the coming years, climate change is expected to exacerbate the already high risk of weather shocks faced by these populations. More than 40 percent of farmers in developing countries contend with weather-related threats to their crops.2