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.

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.