Innovative Insurance Scheme Supports 50,000 Indian Women During Extreme Heat
Parametric insurance payouts and direct cash assistance help women cope with dangerous temperatures and economic hardship.
- The insurance program, designed by Climate Resilience for All and SEWA, pays out when temperatures exceed 40°C.
- Over $340,000 has been distributed to more than 46,000 women across 22 districts in India.
- Recipients use the funds to cover essential needs such as food and medical expenses.
- The initiative aims to expand to more regions in India and other countries facing similar climate challenges.
- This program is a pioneering effort to provide financial resilience to vulnerable communities affected by climate change.