UN Agencies Join Forces to Bring Weather Insurance to Rural Poor People

ROME -- The United Nations World Food Programme (WFP) and the International Fund for Agricultural Development (IFAD) have launched a joint initiative with the Bill & Melinda Gates Foundation which aims to help provide poor rural farmers with financial protection following natural hazard events. 

Under the initiative, the foundation is providing US$998,000 in funding to support the research and planning for insurance schemes designed to help shield small farmers from the impact of natural disasters and climate change.

To read the full press release, visit the IFAD web site.