Forecast-based Financing: A decade after its introduction - Practices & experiences in the Red Cross Movement
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This policy report thesis explores the evolution of Anticipatory Action since its inception, tracing the roots from early pilot projects led by the German Red Cross in 2013 to the current usage across multiple countries. The research delves into the complexities of this approach, examining how it has been implemented, the lessons learned, and the potential for scaling up this initiative to ensure they become integral components of national disaster risk management frameworks.
The research identifies key trends in AA plans, highlighting the shift from small-scale pilot projects to more sustainable and widespread implementations. However, it also uncovers continuous challenges, including funding limitations, coordination issues among stakeholders, and the technical complexities linked with accurate forecasting.
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