Better Weather Protection for Tanzanian Farmers
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.
Topics
Agriculture and agricultural insurance
Climate and disaster risk
Parametric and index-based insurance
Climate Risk
agriculture
parametric
Tanzania
Global Parametrics
Products
All types
Region
Africa
Country
Tanzania
Contributors
Author: Zoë Scott
Author: Dan Bierenbaum
Author: Johannes Borchert
Contributor: InsuResilience Global partnership
Contributor: One Acre Fund
Contributor: Global Parametrics
Contributor: Natural Disaster Fund
Date Issued
2021
Language
English
Form
Case study