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Better Weather Protection for Tanzanian Farmers

One Acre Fund and Global Parametrics piloted an innovative weather-index microinsurance solution using the Water Balance Index for ~70,000 Tanzanian smallholder farmers. The parametric cover enabled timely payouts and improved resilience against drought and excess rain.

Global Parametrics & One Acre Fund Provide Weather Protection for Tanzanian Farmers

One Acre Fund, a nonprofit that supports smallholder farmers, partnered with Global Parametrics to pioneer a new Water Balance Index protecting 70,000 farmers in Tanzania from drought and excessive rainfall. This index-based weather insurance enables fast, affordable payouts, strengthening farmers' resilience to a volatile climate.

OKO for UN WOMEN & UNCDF: Case study

An index-based crop insurance product tailored specifically for women smallholder farmers in Mali. This inclusive approach improves gender equity and strengthens financial protection for rural women by providing climate-resilient risk coverage. The model aims to address both agricultural vulnerability and structural gender gaps in access to insurance.