Ordinance No. 2022-1075 of July 29, 2022 on the development of climate risk management tools in agriculture
On July 29, 2022, Ordinance No. 2022-1075 was issued in relation to Article 12 of Law no. 2022-298 from March 2022, on improvements to crop insurance and the reform of climate risk management tools in agriculture, which allowed the French government to take measures corning insurance against climate hazards in agriculture, to enable greater resilience to agricultural production in the long-term, as well as to guarantee farmers' broader access to an insurance scheme against risks posed by climate hazards. The central purpose of the Ordinance is to implement two aspects of the new 'architecture' for managing climate risks to agriculture (as defined by law): the establishment of a network of approved 'interlocutors' tasked with (on behalf of the State), 'national solidarity' compensation for catastrophic losses relating to harvest or crop production as well as the establishment of a co-reinsurance group between insurance companies that distribute subsidised multi-risk climate insurance.