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.
In the second risk pool, £4.5m has been stretched to £7.3m to protect communities against droughts, floods, cyclones and heatwaves in Democratic Republic of the Congo (DRC), Somalia, Pakistan, Philippines, Bangladesh, Madagascar and Senegal. Sarah Klassen, Start Ready Programme Manager, provides reflections on the decision-making process to structure funding for the second risk pool and why this year is an important one for Start Ready.
Tropical Cyclone (TC) Freddy made landfall on Tuesday evening, 21 February in the coastal town of Mananjary in Madagascar.
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.
We are excited to present the last instalment in the suite of e-courses for Start Ready and its Disaster Risk Financing system.
Start Network is keen to open the opportunity for its members to support the management and implementation of the Anticipatory Action and Disaster Risk Financing Training Programme.
Communities in Senegal will receive around £330,000 GBP ($400,500 USD) from Start Network and its local partners in anticipation of the drought season in 2023. Senegal’s 17 million population relies heavily on seasonal crops.
The new course called Risk Analytics in Start Ready DRF is also hosted via Kaya Connect and is offered free of charge covering the 2nd pillar of our Disaster Risk Financing-DRF approach.
