Proactive funding to tackle climate disasters

There are urgent crises that require urgent action. But there are also crises that happen with regular and predictable patterns of recurrence, like floods, droughts, and heatwaves Evidence suggests that around 55% of humanitarian funding goes to crises like these but only 1% of this funding is organised in advance – despite this being a much more effective way of tackling these crises. Targeting anticipatory measures can prevent or ease emergency catastrophes. That is why we partnered up with Start Network – a global network of more than 100 organisations working together to shift from reactive crisis response to proactive early action.

Their unique financing mechanism, Start Ready, uses advanced planning so that funding can be rapidly released when needed most. Through Start Ready, funds are prepositioned for crises that happen with regular and predictable patterns of recurrence, like floods, droughts, and heatwaves. Start Ready protects an average of 700,000 people across eight countries annually. This partnership will enhance the capacity and coverage of current hazard preparedness systems in these countries.