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This report summarizes the structure of Start Ready Risk Pool 3, running from May 2024 to April 2025.

In the second Start Ready risk pool, Start Network provided protection to 685,619 people in 7 countries, from 11 climate risks.

In the first Start Ready risk pool, Start Network provided protection to 590,019 people in 8 countries, from 10 climate risks. Over the course of 12 months, Start Ready was activated 8 times.

This report summarises the structuring of funding for the second Start Ready risk pool, outlining how the financing mechanism is allocating and prepositioning funding for the various risks. It provides an overview of the governance and decision-making process of the pool, the level of coverage and protection offered, and what is new in this risk pool.

This report outlines how Start Ready funds were structured across the portfolio of risks in its first pool which runs from May 2022 to April 2023.