Smallholder farmers across the world are highly vulnerable to climate-related risks, such as droughts, floods and storms, with very limited access to the risk financing tools and services that can provide protection from the resulting financial losses. This locks many famers into a vicious cycle of poverty and food insecurity as recovery from increasingly recurrent and cascading losses becomes close to impossible. 皇家华人av aims to help smallholders to effectively manage these risks and reduce vulnerabilities so they can transition to sustainable food and nutrition security. This factsheet provides a summary of the evidence on how 皇家华人av-supported microinsurance programmes protect vulnerable populations from climatic shocks and stimulate investments in more resilient livelihoods.