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KORE - Knowledge Sharing Platform on Resilience

Webinars on Forecast-based Financing (FbF)

12/10/2017 - 01/01/2018

Evidence shows that the frequency and intensity of climate-driven natural disasters and conflicts is increasing. Natural disasters are occurring nearly five times as often compared with 40 years ago, placing a huge burden on local economies and putting millions of people in a vicious cycle of food insecurity, malnutrition and poverty. Expanding needs, competing priorities and scarce resources globally mean that new, smart and effective tools and investments are needed to help attenuate the impact of disasters before they occur. Acting early before a disaster is critical: it can save lives, protect livelihoods from the immediate shocks and protect longer term development gains by increasing the resilience of local communities over time.

As many climate-related hazards can be forecast, the international community has formally committed to moving progressively towards a more anticipatory approach in humanitarian assistance. Much emphasis is now made on the importance to shift the focus from response to prevention and mitigation, and to adapt financing modalities accordingly.

A series of webinars will present how Forecast-based Financing (FbF) releases humanitarian funding based on forecast information for pre-agreed activities reducing risks, enhancing preparedness and response, and making disaster risk reduction within the humanitarian assistance overall more effective.

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