The seaside town of Grand-Bassam welcomed Since Monday, October 6, 2025, an awareness-raising and strengthening workshop the capacities of players in the cotton sector on index insurance.

The match that ends next Wednesday takes place in a context marked by the challenges associated with climate hazards which Ivorian agriculture is facing. The initiative aims to Raise awareness among agricultural actors about the importance of adopting tools for risk management and to strengthen their understanding of the mechanisms index insurance. The State plans to support this transition with subsidy schemes, in order to facilitate the gradual accession of producers.

This sector, a pillar of the national economy, contributes to more than 20% of GDP and generates nearly 40% of export earnings. However, it remains highly dependent on rainfall, exposing producers to crop losses and to a significant drop in their earnings.

The general director of planning, statistics and projects, Bernard Comoé, indicated that in the face of this In this situation, index insurance is an innovative mechanism.

For the latter, “index insurance is an instrument to face the challenges of climate change. It allows to compensate for financial losses when returns are not achieved due to the vagaries of the weather.” According to the Director General, this mechanism does not concerns not only the cotton sector, but will gradually be extended to other strategic crops such as oil palm, cashew, rice and, soon, maize.