Inclusive risk finance to build the resilience of the most vulnerable and food insecure in Latin America and the Caribbean

This brochure presents World Food Programme's strategy and approach to risk finance in Latin America and the Caribbean. WFP globally has been a lead proponent of promoting risk finance as a piece of the puzzle for integrated risk management approaches. The Latin America and Caribbean region offers a series of opportunities to sustainably scale risk finance solutions to support the region’s most vulnerable and food insecure.

Risk finance is an important tool in support of the mandate of the World Food Programme (WFP) to both save lives and change lives. It helps equip governments, communities and individuals with a range of financial instruments that provide timely resources to people so they can confront the financial and food security impacts of shocks. Financial services also contribute to wider resilience outcomes when developed to be inclusive. For governments, designing these instruments to be connected to social protection systems so that they are more shock-responsive is increasingly being seen as a cost-effective measure to channel finance to affected populations.