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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.

Nepal: Introducing index-based insurance for flood-prone communities

Practical Action developed a flood index insurance for Western Nepal smallholder farmers. Features bundled services, cooperative-based sales, and payouts for crop loss after severe floods.