Anticipation & Risk Financing


 

Start Network supports agencies to analyse the risk of crises, and create a suite of timely, and reliable funding options, to disburse for different types of crises. This will enable NGOs to forecast crises, and access timely funding to reduce the impact of those disasters on communities. 

Sorce and her son Abdallah in the drought-stricken Oromia region of Ethiopia. Credit: UNOCHA/Charlotte Cans

Timely funding for predictable crises


Climate change, inequality, increased urban densities and the nature of today’s conflicts are generating humanitarian crises of increasing complexity and frequency. Despite improvements in our ability to predict the likelihood of disasters, the humanitarian system continues to react as though they are unexpected surprises, responding only after they occur, and then often slowly. 

 

Anticipation & Risk Financing allows humanitarians to be better prepared in advance of humanitarian events by quantifying risks in advance of crises or disasters, pre-positioning funds, and releasing them according to pre-agreed protocols.

 

We are developing new funding instruments that enable humanitarians to mobilise collaboratively, predictably, to manage risks rather than react to crises. These mechanisms are based on:

 

  1. The use of science and data to model and quantify risks in advance in the areas in which we operate;
  2. Working together to pre-plan and pre-cost different crisis response activities needed to support communities;
  3. Pre-positioning funds according to pre-agreed protocols for release, so that when the conditions are met, funding is rapidly released.

 

Programmes

How do we work


  • Our anticipatory funding is disbursed through the Start Fund for small to medium crises, based on dynamic decision-making, meaning that NGOs can act early when they see crises coming.
  • We are using financial tools such as insurance to leverage funding for NGOs, allowing them to protect against the risk of large-scale drought. This involves quantifying risks, planning humanitarian operations, and disbursing funding according to pre-agreed triggers, in a timely and predictable manner.
  • We will be using the learning from these early action innovations to scale and layer a suite of disaster risk financing tools for different types of crises, to ensure that funding can quickly and efficiently be channelled to frontline humanitarian actors.

Latest


Resource

MONTHLY RISK BULLETIN ISSUED: JUNE 2021

The monthly risk briefing reports on new, emerging or deteriorating situations; therefore, ongoing events that are considered to be unchanged are not featured and risks that are beyond the scope and scale of the Start Fund are also not featured. It is collated by the Start Network Anticipation and Risk Financing team using information from academia and research institutes, government departments, ACAPS, global risk indexes, risk information provided by Start Members and their partners, and the media. Key risks are shared and collated each month with FOREWARN input.

16Jun21

Blog Post

Philippines: Acting in anticipation of lahar amidst COVID-19

After a long year tackling the COVID-19 pandemic, the province of Albay in the Philippines was faced with several more unexpected challenges toward the end of 2020. Four consecutive typhoons left many communities damaged, and mudflow from the Mayon Volcano threatened surrounding municipalities causing five casualties. As a result, there is now a clear demand for a multi-hazard approach when planning for hazards in the province.

09Jun21

Resource

Evaluation du processus de versement de l’ARC Replica

En juillet 2019, Start Network et le gouvernement du Sénégal ont chacun souscrit une police d'assurance contre la sécheresse auprès d'African Risk Capacity Ltd. Lorsque les déclencheurs convenus au préalable ont été atteints en novembre 2019, un versement de 12,5 millions de dollars US a été effectué au gouvernement du Sénégal et 10,6 millions de dollars US supplémentaires ont été versés à Start Network pour une action humanitaire précoce. Six membres de Start Network ont ensuite travaillé aux côtés du gouvernement du Sénégal pour fournir une assistance tout au long de l'année 2020 aux familles sénégalaises avant une grave sécheresse à grande échelle.

26May21

Resource

MONTHLY RISK BULLETIN ISSUED: MAY 2021

The monthly risk briefing reports on new, emerging or deteriorating situations; therefore, ongoing events that are considered to be unchanged are not featured and risks that are beyond the scope and scale of the Start Fund are also not featured. It is collated by the Start Network Anticipation and Risk Financing team using information from academia and research institutes, government departments, ACAPS, global risk indexes, risk information provided by Start Members and their partners, and the media. Key risks are shared and collated each month with FOREWARN input.

12May21

Pages