Forecast-based financing: effective early actions to reduce flood impacts
International Federation of Red Cross and Red Crescent Societies
Number of pages
This publication assesses the implementation of forecast-based financing (FbF) within the context of 4 communities in Bangladesh during the July/August 2017 floods.
Considering Bangladesh’s broader humanitarian landscape, the FbF approach aims to bridge the gap between longer-term disaster risk reduction (DRR) activities and post-disaster response measures. By inserting the FbF early action approach into Bangladesh’s Standing Order on Disasters, the project contributes to a positive mindset change at government level which will further advance the pre-event early action spirit.