- publication
- Documents and publications
Trigger for early action: forecast based financing
Author(s)
Hassan Ahmadul; Olaf Neussner
Source
German Red Cross
Red Cross / Red Crescent Climate Centre
Bangladesh Red Crescent Society

Publication Year
2016
Number of pages
16 p.
This publication describes the experience of the German Red Cross in Bangladesh with the development and application of danger levels, thresholds and triggers in the context of Forecast based Financing (FbF). It highlights the advantages of FbF for disaster risk management practitioners and recommends the following four-step mechanism to trigger action:
- Review and analyse available information;
- Define the danger level;
- Assess the accuracy of forecasts;
- Preparation of the menu of trigger and trigger selection.
This report demonstrates how FbF can be implemented and used to reduce damage and losses, and how it is more cost-effective than spending on response and rehabilitation.
Related information
Keywords
Country & Region
Please note: Content is displayed as last posted by a PreventionWeb community member or editor. The views expressed therein are not necessarily those of UNDRR, PreventionWeb, or its sponsors. See our terms of use