Climate-related shocks are a threat to the food security of the 1.3 billion people who live on less than a dollar a day and depend on agriculture for their livelihoods. To help protect their crops and incomes, Swiss Re and its partners launched the innovative R4 Rural Resilience Initiative.
Insurance promotes risk-taking essential to economic growth and development. But how can the world’s poorest communities afford it? The answer is simple: you allow them to buy insurance with an asset they have in abundance – their hard work.
This is the innovative idea that formed the basis of the R4 Rural Resilience initiative, a groundbreaking new project launched by Oxfam America and the World Food Programme with the support of Swiss Re.
