Global warming caused some NIS 300 million ($96.5 million) of damages to Israeli agriculture final 12 months, in keeping with a report revealed on Monday by the Insurance Fund for Natural Risks in Agriculture.
The hardest-hit sector was fruit, particularly summer time fruit equivalent to peaches, nectarines and plums, which, disadvantaged of a winter chilly snap, did not develop correctly, inflicting widespread shortages in summer time.
The fund paid out 5 occasions the multi-12 months common in compensation to fruit farmers whose harvest was poor.
The compensation paid to farmers, in common, stood at round NIS 170 million ($55 million) per 12 months only a decade or so in the past.
“Over the past year, the climate crisis has made headlines and attracted global attention, and its implications are evident for agriculture in this country,” mentioned Shmulik Tourjeman, CEO of the fund.
“All the (relevant bodies) in Israel must internalize the immediate economic consequences of the climate crisis and the way to deal with them.”