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.

CAPACITY DEVELOPMENT


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.

Latest


Resource

DISASTER RISK FINANCING IN CONCERT

Most disasters are not unpredictable, but treating them as such leads to critical opportunities to save lives and build long term resilience being missed.

21Sep19

Blog Post

DES PRODUITS D’ASSURANCES INNOVANTS POUR PROTEGER DES COMMUNATES ATTEINTES PAR LA SECHERESSE EN AFRIQUE

Des polices d'assurance innovantes contre les risques climatiques souscrites par des agences humanitaires devraient permettre de venir en aide à 1,3 million de personnes en Afrique de l'Ouest. Parmi les pays bénéficiaires figurent le Sénégal, le Mali, la Mauritanie, le Burkina Faso et la Gambie.

27Aug19

News Article

Innovative insurance cover to help drought-hit communities in Africa

Humanitarian agencies are setting up innovative climate risk insurance policies to protect up to 1.3 million people in West Africa from catastrophic drought. Read more. 

07Aug19

Event

Re-thinking disaster response: how the the World Bank and CSOs can work better together via disaster and crisis risk financing

The financial management of disasters and crises is a key challenge for developing countries; choices made about how to respond have enormous impacts on poor people. Please join us for a session at the World Bank’s Civil Society Policy Forum to learn what the World Bank and civil society organizations (CSOs) are doing around Disaster Risk Financing (DRF) and how CSOs can and should engage in this growing area.

10Apr19

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Further Information

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