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Welcome to the Forecast-based Financing Practitioners Manual. It has been and will be developed from the lessons and experiences from several ongoing FbF projects. As FbF grows so will this Manual - support this living document by sharing your good practices!

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Find more training resources in Early Warning and Early Action https://www.climatecentre.org/training/module-2/subitem-2a

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2a. Early warning early action

This module is designed to help facilitators cover early warning early action and the role of the Red Cross Red Crescent Movement therein at community, national and global level.

It explains how to make use of climate information on timescales from days to months for effective early action. It also elaborates on the forecast-based financing (FbF) approach and IFRC forecast-based action within its Disaster Relief Emergency Fund.

The module can be considered as a starting point of the other modules in Section 2, offering a basis for examining whether the communities we serve are prepared to deal with increasing extreme events.

It is inspired by and aligned with IFRC guidelines developed over the last 15 years. See also the German Red Cross manual and website on FbF. (The IFRC and Climate Centre are grateful for the support of German and Netherlands Red Cross for FbF.)

Content

Featured resources

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Training - Red Cross Red Crescent Climate Centre

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This module is designed to help facilitators cover early warning early action and the role of the Red Cross Red Crescent Movement therein at community, national and global level. It explains how to make use of climate information on timescales from days to months for effective early action.

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International Federation of Red Cross and Red Crescent Societies

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Forecast-based Action by the DREF

For Red Cross and Red Crescent National Societies, one of the financial mechanisms available to fund the activities included in their Early Action Protocols is the Forecast based Action (FbA) by the DREF, which was launched in May 2018.

A key element of the FbA by DREF, is the guaranteed allocation of funds for early action, once a National Society has an EAP that has been approved by the validation committee. Financial allocations will be done automatically by the FbA by DREF according to a pre-agreed forecast trigger, that indicates the potential for severe negative impacts on the most vulnerable population.

The FbA by the DREF provides multilateral funding to National Societies who have an already developed EAP. The funding is pre-agreed in advance for the implementation of the EAP, which is one of the key elements of Forecast based- Financing.

The Forecast based Action Fund is managed by the IFRC Disaster and Crisis, Prevention, Response and Recovery department.

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Forecast-based Action by the DREF For Red Cross and Red Crescent National Societies, one of the financial mechanisms available to fund the activities included in their Early Action Protocols is the Forecast based Action (FbA) by the DREF, which was launched in May 2018.

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Do you have more questions? contact us :-)

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Do you have more questions? contact us :-)

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Irene Amuron: amuron@climatecentre.org
Catalina Jaime: jaime@climatecentre.org

For the FbA by DREF:
Nazira Lacayo: nazira.lacayo@ifrc.org

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A new era in disaster management How Forecast-based Financing works and why anticipatory humanitarian assistance is the future. More Details Forecast-based Financing Red Cross Red Crescent Movement

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A Climate Centre animation by Willow Brugh describes the thinking behind the new humanitarian approach of 'forecast-based financing': see climatecentre.org/programmes-engagement/forecast-based-financing, now being rolled out in Africa and Latin America.