New forms of financing
shifting from reactive to proactive financing
We believe that by providing funding fast, early, in a collaborative way – and by providing it based on need and not on media headlines or political will - we can help responders and communities to become better prepared to act in a crisis. In short, fast funds in the right place at the right time, saves lives.
Shifting from reactive to proactive financing
A Family of Funds
Our network of networks will be underpinned by a family of funds and financial services in order to pool investment and risk and help more communities at a reduced cost.
The network will use Start Network's financing facility, which includes Start Funds and Start Ready, to support its membership in accessing fast funds to respond to small and medium-sized crises and in putting in place pre-arranged funds and financing that can facilitate more timely, proactive or risk-informed crisis action. It will do so while ensuring these funds are increasingly accessible to the local and national actors joining the network.
There is increasing evidence that shifting the focus from response to protecting people ahead of shocks, and relying on pre-agreed plans and finance, is a faster, more dignified and more cost-effective approach to disasters and crises. There is a need for coherence, connectivity and scale to support the efforts of frontline humanitarian responders to be better financially prepared in advance of crises.
Start Network will address this by supporting inclusive locally-led structures, to own, develop and implement financing strategies and systems in their contexts. We will do this by working with them on the operational, technical and partnership aspects to build their own Start Funds or disaster risk financing initiatives.
We will also scale our flagship global Start Fund, and support the growth of national funds, such as Start Fund Bangladesh and others, to respond to small to medium scale crises that are often overlooked by humanitarian donors. Scaling will include increasing overall funding levels, further streamlining and automating its processes and improving its accessibility for national and local members. The anticipatory work of all Start funds will also continue to be a priority, mitigating the impact of humanitarian crises on lives and livelihoods by making funding available ahead of a crisis.
We will bring together all of Start Network’s experience and learning over the past six years into a single instrument, Start Network's financing facility, marrying the proven success of the Start Fund, with our growing portfolio of risk-based financing products. The combination will enable faster, more efficient and more effective global humanitarian action or those crises that are difficult to predict while enabling us to ‘layer’ financing instruments for more predictable crises in a way that makes our money work harder and stretch further.
In 2021-2023, Start Network will:
- Support inclusive locally-led structures, to own, develop and implement financing strategies and systems in their contexts to better serve the needs of populations affected by and at-risk of crises.
- Grow and improve the global Start Fund, and support the growth of national funds to respond to small to medium scale crises that are often overlooked by humanitarian donors.
- Activate Start Ready as a global financial infrastructure and a way of connecting a range of funds and financing mechanisms, that are timely, proactive, accessible to local actors, and accountable to the membership on behalf of the populations that they serve.
- Influence donors and develop capacity across the network to help secure flexible multi-year funds that can support these instruments in being accessible to all of our members.
Start Network's financing facility
Start Network's Financing Mechanisms
START FUND BANGLADESH
The Start Fund Bangladesh is a £10 million rapid emergency response fund created by the Start Network in 2017 with support from UK aid from the British people.
The Start Fund provides rapid financing to underfunded small to medium scale crises, spikes in chronic humanitarian crises, and to act in anticipation of impending crises, filling a critical gap in humanitarian financing.
START FUND NEPAL
Start Fund Nepal aims to put more support and funding in the hands of national and local responders.
START FUND ANTICIPATION
Start Fund Anticipation enables NGOs to prepare when they see a crisis coming and respond early to mitigate the predicted impacts. It is the first NGO funding mechanism to be available for anticipatory interventions.
Start Ready is a new service that will provide pre-agreed funding at scale for predictable crises – using innovative risk analysis, collective planning and pre-positioned financing.
ARC REPLICA PROGRAMME
African Risk Capacity (ARC) is an organisation mandated by the African Union to help African Union Member States proactively manage natural disaster risk.
DISASTER RISK FINANCING PAKISTAN
We are supporting civil society innovation in Pakistan by enabling frontline humanitarians to access early, predictable funds to protect communities from forecasted heatwaves, flood and drought.
FORECAST BASED FINANCING: MADAGASCAR
Allowing Start Network members to model and predict drought, access funding, and act early in Madagascar.
New financing in action
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