33 million smallholder farmers in Africa may profit from the creation of eco-credits that can be used to open up new sources of agricultural financing. 60% of the arable land on the planet is found in Africa, and 50% of that land is degraded. Half of the farmland mitigation potential is represented by soil carbon sequestration. Smallholder farmers are particularly exposed to climate shocks like insufficient rains that result in failing crops and the inability of farmers to pay back agricultural debts. Smallholder farmers that have access to formal financial loans and parametric insurance providers have expanded risk profiles due to these climatic hazards.

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