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AgTech Navigator News
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CNH Capital has launched a parametric leasing protection service in Europe to safeguard farmers against climate-related risks, starting in Spain and expanding to other countries by 2026. This automated service, developed with BNP Paribas Leasing Solutions, Shepherd Compello, and Swiss Re, provides financial payouts when specific weather conditions like drought or excessive rain are met, ensuring farmers receive support without the need for claims or documentation. This initiative aims to stabilize farmers' finances, enhance OEM value propositions, and reduce administrative costs, positioning CNH Capital as a leader in integrating climate protection into equipment financing.
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The role agtech can play in the future of agriculture will largely depend on investor appetite, farm economics, and government policy.
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Heritable has received $5 million to develop the Joint AI-driven Smallholder Omics Analytics (JASON) project, which aims to enhance crop resilience in Africa using AI, genomics, and remote sensing. This initiative seeks to identify climate-adapted germplasm and gene targets to improve crop resilience against climate stressors like drought and heat. With Africa's rapid climate changes affecting smallholder farms reliant on rain-fed agriculture, this project is crucial in accelerating the discovery of climate-resilient traits, thereby bolstering food security and reducing risk in the region. The Gates Foundation's investment underscores the project's potential impact on global agricultural development.