Financial Flow Analysis for Climate-Related Disasters in Bangladesh
The objective of the study “Financial Flow Analysis for Climate-related Disaster in Bangladesh” has been three-fold. First, it has provided a background of the trend of funding flows entering the country to address climate-related disasters; then the funding gap has been analyzed considering the funding that was applied for collectively by the humanitarian actors and what was subsequently received from different donors; finally, the study explored the crisis anticipation and response mechanisms of Start Fund Bangladesh (SFB) to gain a better understanding of its recent activities.
The objective of the study “Financial Flow Analysis for Climate-related Disaster in Bangladesh” has been three-fold. First, it has provided a background of the trend of funding flows entering the country to address climate-related disasters; then the funding gap has been analyzed considering the funding that was applied for collectively by the humanitarian actors and what was subsequently received from different donors; finally, the study explored the crisis anticipation and response mechanisms of Start Fund Bangladesh (SFB) to gain a better understanding of its recent activities.
The study also explored the SFB mechanism. In the last 4 years since its inception in 2017, theStart Fund has activated 29 crisis alerts and successfully addressed underfunded crises as well aslarger disasters which could entail a localized response, spreading its response across 33 districtsof the country. The SFB has also implemented 3 anticipatory responses through the prediction ofupcoming disasters. While the overall funding scenario of the country’s humanitarian architectureshows the majority of funding going to international NGOs, the SFB has allocated 85% of its totalfunding directly to local and national NGOs who are members of its network. From all the crises theSFB has addressed flood, cyclone, riverbank erosion, recurring disease outbreak (dengue) whichare somewhat predictable.