INSURED

Insurance for Rural Resilience and Economic Development

Managed by PARM, IFAD’s INSURED programme (Insurance for Rural Resilience and Economic Development) works to build the resilience of small-scale producers on the front line of the climate crisis. It aims to increase their ability to manage climate risks and to strengthen their livelihoods.

INSURED supports the roll-out of insurance schemes linked to agricultural development and financial inclusion and provides tailored training and expertise. It is a demand-driven programme that works through the IFAD portfolio and cooperates with governments, development partners and the private sector. It makes the case for insurance to de-risk agricultural value chains and stabilize rural economies.

Since work started in 2018, INSURED has been active in 13 core countries (see map below).

The Insurance Toolkit shares practical guidance for project designers and implementers. How to carry out a rapid diagnostic for agricultural and climate risk insurance is a popular first step.

INSURED is a US$6 million programme funded by Sida and implemented by the multi-donor Platform for Agricultural Risk Management (PARM).

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On 13 February 2024, PARM played its knowledge broker role in promoting agricultural risk management and particularly, in raising the importance of assessing agricultural risks to...

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22 Mar 2023

Agricultural and climate risk insurance can play a vital role in enabling farmers to plant again and recover after a shock such as drought or pests....

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13 Dec 2022

Climate risk insurance was spotlighted during a side-event hosted by PARM/INSURED at the COP27 IFAD pavilion in Sharm el-Sheikh on 17 November, Solutions Day. Experiences on...

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08 Nov 2022

Within the framework of IFAD’s participation in COP27, INSURED will host the side-event “Strengthening farmers’ resilience through climate risk insurance: Who pays and how?”, to be...

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