The document describes the Sahel Climate Catastrophe Layer (SCCL) by the World Food Programme (WFP), a parametric insurance covering vulnerable populations against extreme droughts in Burkina Faso, Mali, and Niger. The initiative enables rapid, pre-financed disaster response, complements national risk financing tools, and strengthens regional climate resilience.

The document presents a case study on Skyline Partners' FatTrack™ parametric insurance solution, designed to protect Jamaican Co-operative Credit Unions (JCCUL) from financial risks associated with major hurricanes. Utilizing independently reported wind field data, the solution offers precise and timely payouts, as demonstrated during Hurricane Beryl.

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.

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

Product for low-income urban dwellers in flood-prone areas of São Paulo, offering quick post-disaster payouts.

ACRE Africa's crop index insurance enabled Kenyan smallholder farmers to recover from climate shocks. This pioneering weather-index product helped sustain productivity and manage agricultural risks by offering timely protection against drought and other climate-related threats.

In El Salvador, most small farmers and micro-entrepreneurs face frequent economic and climate shocks without adequate insurance. To bridge this gap, the World Food Programme and local partners are piloting an innovative insurance solution covering over 950 farmers and micro-entrepreneurs (46% women) against business interruption caused by excess rainfall, drought, or earthquakes.

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.

In 2019, MiCRO and SBS Seguros, in partnership with Bancamía, launched "My Protected Investment", a microinsurance product for SMEs that combines index-based and traditional coverage. Three years after Colombia's first parametric insurance launch, the initiative had already reached almost 120,000 low-income beneficiaries, providing protection against hazards such as excess rain, drought, and earthquakes, while expanding access to underserved urban and rural clients.

Partnership between MiCRO and Aseguradora Rural to deliver parametric climate microinsurance to smallholder farmers and microentrepreneurs in Guatemala through bundled loans.