Extreme heat is becoming more frequent and intense, and vulnerable communities are suffering the most. Parametric insurance offers a solution to mitigate heat-related risks by providing quick financial support based on temperature thresholds. Key Insight: Parametric insurance offers immediate payouts during extreme heat events, ensuring vulnerable communities can recover faster and protect their livelihoods. 🔗 *Read the full article here:* https://aidmi.org/blog/leveraging-parametric-insurance-for-addressing-extreme-heat-risk/?utm_source=whatsapp&utm_medium=aidmi_channel&utm_campaign=issue216&utm_term=11