WFP Nicaragua – Insurance and Social Protection: A Key Tool to Increase Resilience and Food Security in Nicaragua

For the United Nation’s World Food Programme (WFP), enabling access to Climate and Disaster Risk Financing and Insurance (CDRFI) solutions is central to fulfilling its mandate to achieve zero hunger through both saving and changing lives. WFP Nicaragua is leading the efforts in the Latin American and Caribbean region to implement a risk-layering insurance approach. A combination of financial instruments is being used to address hazards of varying intensities and frequencies as there is no “one-size-fits-all” formula for risk financing.