Climate change is increasing risks to agricultural production, farmers' livelihoods and food security. Addressing these challenges requires integrated solutions that combine climate finance, insurance, multilevel governance and producer organizations to reduce risk. This joint event will explore how cooperatives, insurers, subnational governments and development finance institutions can work together to strengthen climate adaptation and build more resilient food systems. 
 
EVENT OBJECTIVES 
General: To explore derisking and insurance solutions, as well as key actors and partnerships needed to address climate risks, particularly drought, affecting smallholder farmers and their communities. The discussion will focus on insurance solutions for farmers and cities, the role of cooperatives in reaching underserved communities, and opportunities to mobilize international finance to protect people, livelihoods and agricultural production. OR: 
1. Climate Risk Management and Insurance: Expanding access to agricultural insurance and risk-transfer mechanisms to protect farmers, communities and local economies. 
2. Local Climate Action: Showcasing how local governments can integrate drought risk management and insurance solutions into territorial adaptation planning, protecting rural communities and municipal budgets, identifying partnerships and financing pathways to scale these approaches. 
3. Cooperatives: Highlighting how cooperatives connect farmers to finance, insurance, technology and technical assistance, identifying how cooperatives can serve as channels to scale adaptation and risk-transfer mechanisms in rural communities. 
4. UNCDF: Highlighting how catalytic financial instruments can derisk investment, develop viable markets and mobilize additional public and private capital to finance climate adaptation and resilience for local governments, enterprises and communities in underserved markets. 

KEY OUTCOMES 
- Stronger risk protection: Shared understanding of how agricultural insurance and risk-transfer mechanisms can be expanded to protect food systems, farmers, local economies and governments. 
- Pathways for finance and multisectoral cooperation: Potential opportunities identified to mobilize public and private finance, and to leverage the complementary roles of  cooperatives, local governments, insurers and financial institutions in territorial adaptation action and financial resilience.