Start Ready Risk Pool 3 Structuring Report

Start Ready enters its third year with the launch of the Start Ready Risk Pool 3; live May 2024 to April 2025. Holding £7m in capital, 2.5 times bigger than the fund was two years ago, Start Ready is able to protect almost 700,000 people from climate-related risks. This protection is achieved through prepositioning funds that are disbursed to NGO members ahead of climate hazards based on reliable forecasts, enabling them to implement anticipatory actions and early response activities. By using principles of risk pooling, Start Network is able to stretch funds 1.65 times, increasing the efficiency of limited humanitarian funds which is particularly important within the context of climate change.