Gender & Risk Finance: Bridging gaps, building futures: gendered pathways in disaster risk financing for sustainable food systems

For over a decade, WFP has been supporting climate risk insurance as an important piece of the strategy for building women’s economic empowerment. WFP presents its experience from the field spotlighting women who have harnessed WFP’s climate risk insurance and related interventions to strengthen their resilience and ensure food security for their households.

The fast recovery and protection from loss and damages that access to climate risk insurance can provide helps countries and households to better manage the impacts of the climate crisis, which is why WFP is advancing financial protection as one avenue for building resilience to extreme weather events.

Given that women are disproportionately affected by the climate crisis and tend to be more food insecure than men in every region of the world, it becomes even more essential to ensure their economic empowerment to   enhance their resilience. In essence, food security and nutrition improve when women and girls are empowered with equal access to information, resources, services, decision making, education and economic opportunities.

WFP can greatly contribute to the economic empowerment of women and households more broadly, when it integrates insurance into a comprehensive risk management approach. This is demonstrated by the beneficiary stories and expert viewpoints which exhibit the pivotal role of insurance in augmenting financial protection for the most vulnerable while fortifying their resilience against climatic shocks.

Type of Publication
Report
Topic
Agriculture, Climate & Disaster Risk Reduction/Management, Financial Inclusion, Gender, Insurance
Region
Global, Latin America & Carribean, Sub-Saharan Africa
Year
2024
Author
Leticia Goncalves, Susanna De Sousa, Michael Goode, Natasha D’souza
Organization
World Food Programme
Pages
23
Language
English