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.

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.