WFP and UNCDF piloted cyclone parametric insurance in Fiji for ~325 vulnerable households. This macro–micro model enabled payouts via mobile wallets within 3–5 days after disasters, offering financial protection to the poorest social welfare recipients.

The document describes the Sahel Climate Catastrophe Layer (SCCL) by the World Food Programme (WFP), a parametric insurance covering vulnerable populations against extreme droughts in Burkina Faso, Mali, and Niger. The initiative enables rapid, pre-financed disaster response, complements national risk financing tools, and strengthens regional climate resilience.