Tag: resilience

Parametric insurance solutions can offer smallholder farmers in developing countries an accessible, reliable, and affordable way to protect themselves. A multi-stakeholder approach is needed to make these solutions work for smallholder farmers, supported by catalytic capital for their development and scale-up.

Smallholder farmers face many risks from climate hazards like flooding. We identified seven factors critical to building their resilience to climate change. Strategies like emergency funds, relocation, and borrowing can help them recover quickly from disasters and prepare for the future.