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.

WFP's R4 initiative insures 8,000+ households in Zimbabwe and Mozambique against drought, floods, and cyclones using area-yield and weather index insurance, in partnership with local insurers.