This country highlight showcases how the Global Inclusive Insurance Facility (GIIF) has supported the development of agricultural insurance in the Philippines. Working with private insurers, cooperatives, and financial institutions, GIIF has helped expand access to weather index insurance for smallholder farmers facing growing climate risks.

Key achievements include supporting the design and launch of index-based crop insurance products, building regulatory capacity through collaboration with the Insurance Commission of the Philippines, and piloting innovative distribution models that reach remote farming communities.

GIIF's work has helped make insurance more accessible and affordable, enabling smallholder farmers, including women and those without prior access to financial services, to protect their harvests and livelihoods against climate shocks.

This highlight also reflects on lessons learned from the Philippine experience, offering valuable insights into scaling agricultural insurance in emerging island markets.

📥 Read the full Philippines Country Highlights to learn more.