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

Anticipatory Action Task Force (AATF) ToR

Acting prior to a predictable hazard in order to safeguard lives and livelihoods, to reduce human suffering and losses and damages, is a faster, more efficient and more dignified response.

10Sep21

Event

High-level Humanitarian Event on Anticipatory Action: A Commitment to Act Ahead of Crises

The United Nations and the Governments of Germany and the United Kingdom are convening a high-level event to advance anticipatory action and galvanise a collective push to act ahead of crises. This event comes at a key moment, building on recent G7 commitments on anticipatory action and ahead of UNFCCC COP26, recognizing the growing impact of climate change on the severity and frequency of disasters.

09Sep21

Resource

MONTHLY RISK BULLETIN ISSUED: JULY 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.

09Jul21

Blog Post

Cholera: Management or Mitigation?

The quarterly FOREWARN meeting in May 2021 focussed on epidemics in a deliberate effort to share recently-acquired learning on anticipating disease outbreaks and to apply them beyond the current pandemic. When considering which disease outbreak or epidemic the Start Fund could represent, cholera was the obvious choice for a few reasons.

08Jul21

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