Insurance for Green Produce: Ensuring Agricultural Sustainability

Abstract

This study examines the importance of the insurance in the agricultural area in Albania by emphasizing the importance of it in agriculture sustainability. There are a lot of risks that Albanian farmers face, including the weather changes and market conditions. Implementing an effective insurance strategy is essential for mitigating these risks and fostering financial stability among farmers and stakeholders in the agricultural sector. The research evaluates the current insurance framework and its influence on agricultural practices in Albania, offering recommendations for enhancing insurance coverage tailored to the needs of environmentally friendly products. Additionally, it analyzes the advantages and challenges associated with these insurance policies. The goal of this study is to enhance our understanding of how insurance can facilitate sustainable agricultural practices and contribute to food security in Albania.

Received: 19 August 2024 / Accepted: 29 October 2024 / Published: 3 December 2024