ClimateSnap joins the SME Finance Forum
Washington D.C, April 22, 2026–ClimateSnap has joined the SME Finance Forum as the global membership network’s latest member. The 250+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation.
"SME Finance Forum is delighted to welcome ClimateSnap, an innovative new fintech providing a new form of much-needed climate-risk payouts that can be used by farmers, tourism operators, and other SMEs whose businesses can be adversely affected by weather-related events. Their commitment to the financial resilience of SMEs is well aligned with the Forum, and they will undoubtedly bring valuable insights and significant contributions to the network," said Qamar Saleem, Head of SME Finance Forum.
ClimateSnap Inc. is a fintech and climate-risk platform that empowers individuals, businesses, and investors to manage weather-related financial risks through transparent, data-driven parametric contracts. The company utilizes advanced weather data and risk modeling to provide fast, objective payouts triggered by specific weather events, eliminating traditional insurance friction. Targeting sectors like agriculture, travel, and small businesses, ClimateSnap aims to address over $1 trillion in annual global climate risk exposure. Additionally, it offers investors new climate-linked financial instruments with the potential for stable, uncorrelated returns. A US-based company, ClimateSnap is dedicated to democratizing climate risk management and enhancing financial resilience in a changing climate.
David M. Gould, ClimateSnap CEO, commented, “We are excited to join the SME Finance Forum’s global network to support businesses and households facing climate uncertainty through ClimateSnap’s parametric, trigger-based solutions that provide fast, transparent payouts. We also look forward to gaining insights that will help us scale globally.”
SME Finance Forum: Innovation & Partnership for MSMEs Growth
The SME Finance Forum, backed by G20 and IFC/World Bank, is the leading global network of 200+ members/affiliates operating in 190 countries. The network comprises of SME focused institutions providing and enabling finance and services- banks, non-banks financial institutions, fintech, payment platforms, development institutions, credit guarantee companies, insurers, investment funds, supply chain linked players, banking and SME associations, policy advocates, regulators, academia, consulting houses, knowledge aggregators.
Our member, affiliates, and associated stakeholders benefit from learning/replicating best practices from across the world, innovating new products for business growth, acquiring risk mitigation tools, establishing partnerships, attracting investors, and being recognized amongst a peer group of global innovators. Our activities consist of “members only” offerings (like innovation hubs, solutions clinics, peer group networks, study tours, specialized tools and trainings, member portal repository, partnered initiatives) as well as public services (200+ publications library, 500+ videos, webinars, newsletters, trainings, annual awards, annual event etc.)
Discover the SME Finance Forum members/affiliates:
About ClimateSnap
ClimateSnap Inc. is a fintech and climate-risk platform that enables individuals, small businesses, and investors to hedge weather-related financial risks through transparent, data-driven parametric contracts. Founded by former World Bank Lead Economist David M. Gould and entrepreneur Georgi Panerov, along with a team of climate and financial experts, the company leverages high-resolution weather data, advanced risk modeling, and a scalable digital marketplace to connect protection buyers with capital providers. Its contracts deliver fast, objective payouts triggered by predefined weather events—such as rainfall, temperature, or wind thresholds—eliminating costly claims processes and reducing friction associated with traditional insurance. ClimateSnap is targeting a rapidly growing global market for climate and weather risk protection, with over $1 trillion in annual economic exposure, much of it uninsured or underinsured, and initial offerings focused on weather-sensitive sectors including agriculture, outdoor events, travel, and small business operations. The platform is designed to scale efficiently across geographies using automated pricing and settlement systems. In parallel, ClimateSnap provides investors access to a new class of climate-linked financial instruments with the potential for uncorrelated returns relative to traditional markets, similar to insurance-linked securities, with early modeling suggesting target returns around 10 percent supported by diversified weather risk pools. By leveraging new sources of capital with real-world climate risks, ClimateSnap enables more efficient financial risk transfers.
Learn more:
Website: https://www.climatesnap.com/
LinkedIn: https://www.linkedin.com/company/climatesnap/