Gyeongnam Province pushes for improvement of aquaculture disaster insurance system

Gyeongnam Province held a meeting at the Gyeongnam Fisheries Safety Technology Institute last Friday to discuss measures to improve and activate the aquaculture disaster insurance system in response to the frequent fishery disasters caused by climate change. In response to the recent recurrence of fishery disasters such as high water temperatures and red tides due to climate change, the Fisheries Cooperatives, cities, counties, and universities came together to establish a stable disaster insurance system. The meeting discussed the trends and issues of aquaculture disaster insurance enrollment, the current status of support for expanding enrollment, measures to improve the disaster insurance system in response to climate change, and difficulties and recommendations from cities, counties, Fisheries Cooperatives, and fishermen. In particular, the meeting emphasized the need to improve the national budget support rate (from 50% to 60%) to reduce the insurance premium burden of ...