IFAD is working to promote responsible use of insurance through the INSURED programme (Insurance for Rural Resilience and Economic Development), which is implemented by the multi-donor Platform for Agricultural Risk Management (PARM). INSURED is a US$6 million programme funded by Sida (the Swedish International Development Cooperation Agency). Its goal is threefold: to build the resilience of poor rural households, increase their capacity to manage risk, and strengthen their livelihoods. INSURED provides technical assistance to the IFAD-financed portfolio, with the aim of protecting incomes and promoting investment in smallholder agriculture. The programme is operational from 2018 to 2022.