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


News Article

Start Network signs ‘game-changing’ drought insurance policy for early humanitarian response in Senegal

The Start Network has signed a ‘game-changing’ insurance policy, intended to pay out if a drought hits Senegal, enabling aid agencies to offer live-saving help before a famine threatens to take people’s lives.

30Aug18

Blog Post

Commentary on InsuResilience Global Partnership

Last week was the official launch of the G7 and G20 initiated InsuResilience Global Partnership. The partnership aims to better protect poor and vulnerable people against the impacts of disasters, by using climate and disaster risk finance and insurance solutions. It has a strong coalition of partners involved, including governments, private sector, UN and civil society organisations, such as the Start Network.

24Nov17

News Article

Start Network signs on to the InsuResilience global partnership

The Start Network has signalled its intention to support and join the efforts of the InsuResilience Global Partnership (IGP).

16Nov17

News Article

Start Network and Welthungerhilfe at COP23

Start Network and Welthungerhilfe joined the international political community at COP23, the Bonn Climate Change Conference, to discuss how data and new financial instruments can enable aid agencies to mitigate the effects of extreme weather on communities.

15Nov17

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Further Information

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