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Basis risk in disaster risk financing for humanitarian action

… to offer a new type of financing, and increased accountability. However, their ability to become a radical … allowing financial providers to price competitively, and accountability to people at risk. This paper offers a number …

PEOPLE-CENTRED AND TRANSPARENT RISK ANALYTICS

A new series of technical discussion papers by the Start Network, the Red Cross Red Crescent Climate Centre and the International Federation of Red Cross and Red Crescent Societies explores how evolving disaster risk financing (DRF) approaches could be a game changer in acting earlier, quicker and more effectively to predictable humanitarian crises.   The papers are attempting to redefine how DRF meets humanitarian objectives. Building on the practical experience of the Start Network and IFRC the papers call for a move from the traditional DRF sovereign approach to a more human-impact driven approach to risk financing, identifying the financial and operational needs from the ground up; an ‘impact before instruments approach.’   Each paper explores the need for such a renewed approach whilst identifying some of the technical challenges and posing solutions to make disaster risk financing work most effectively in the humanitarian context.  The aim is to ignite dialogue and build collaboration around key technical challenges whilst highlighting some key solutions to unlock the potential of DRF for humanitarian action.

STANDARD OPERATING PROCEDURES MADAGASCAR FBF

This document outlines the process of how funding will be released, accessed and disbursed to Start Network members in Madagascar, in the event of a predicted drought in Madagascar.

Scientific due diligence for humanitarian Disaster Risk Financing

This guide was developed by the Drought Risk Finance Science Laboratory (DRiSL) to provide a tool for both scientists and humanitarian practitioners to aid responsible and effective use of scientific data and modelling in humanitarian decision-making.

ARC Replica

"Early intervention through insurance drastically increases the number of people who can be helped" - Nelly Maonde, Start Network Country Disaster Risk Finance Coordinator - Zimbabwe