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Forecast-based Financing: Taking stock: challenges, opportunities and lessons

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National Red Cross and Red Crescent National Societies have been working on anticipatory action, under the banner of forecast-based financing, since 2015. A recent study, published in Climate Risk Management, explores the successes and challenges that National Societies have encountered when implementing anticipatory action programme. It highlights the potential benefits to national capacity building, including faster, more proactive responses, as well as difficulties common to development and humanitarian aid, such as ensuring local ownership of programmes and sustaining organizational capacities.

This community conversation will build on these findings through a discussion between representatives of National Societies, and the World Food Programme (WFP) in Mozambique, about their experiences with forecast-based financing. Please join us to ask questions and share your own experiences.

Speakers

  • Arielle Tozier de la Poterie, German Red Cross / Anticipation Hub (co-host)
  • Eduardo Castro Jr, senior programme associate for forecast-based financing and early-warning systems, WFP Mozambique (co-host)
  • Hafizur Rahaman, independent research consultant, Bangladesh (co-host)
  • Representatives from the Lesotho Red Cross Society
  • Benvindo Nhanchua, coordinator, Disaster Risk Financing Unit, WFP Mozambique.

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