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.

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

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