A pilot index-based insurance product for rice farmers to mitigate flood-related risks and promote financial resilience.

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 Nicaragua implemented a risk-layered insurance approach through the R4 Rural Resilience Initiative and sovereign CCRIF coverage.