Forecast-based Action
In the face of rising global challenges, simply responding to crises is no longer enough. Forecast-based Action by the Disaster Relief Emergency Fund (FbA by the DREF) is our dedicated funding mechanism that helps National Societies take early action before disasters strike.
FbA by the DREF is a fast, reliable and efficient way of getting money to Red Cross and Red Crescent societies in anticipation of disasters. It helps them save lives and reduce, or even prevent, the damage and losses caused by disasters on communities.
FbA by the DREF uses a forecast-based financing approach. Based on meteorological forecasts and risk analysis, we agree funding to National Societies for early action in advance of a predicted hazard. Money is then released automatically when pre-defined forecast thresholds or ‘triggers’ are met.
How it works
Defining triggers
FbA by the DREF uses science and research to define triggers for funding based on: detailed risk analysis of natural hazards; assessments of the impacts of previous disasters; vulnerability data; and weather forecasts.
Selection of actions
National Societies define in advance the actions they will take in response to these different triggers. Actions are outlined in a formal plan called an Early Action Protocol (see below). This plan helps them to be prepared and act quickly to reduce the humanitarian impacts of an event.
Financing mechanism
We release funding automatically when a trigger occurs. This money enables National Societies to take action quickly in advance of the disaster’s impact.
FbA dashboard
Watch: Forecast-based Action by the DREF
Early Action Protocols (EAPs)
Early Action Protocols are formal plans produced by National Societies. They outline the early actions they need to take when a specific hazard is forecasted to impact communities.
They last for five years and include the following:
- Pre-positioning of the stock needed to enable early actions
- Readiness activities so the National Society is prepared and on standby to respond
- Pre-agreed early action activities designed to save lives and livelihoods once a hazard is forecasted
Any National Society can develop an Early Action Protocol for a specific hazard and apply to the FbA by the DREF. For more information, download the below brochure or contact FbA Senior Officer Nazira Lacayo.
Practical information for National Societies
Practical information on Forecast based Action by the DREF
This brochure provides practical information about Forecast based Action by the Disaster Relief Emergency Fund (DREF) and is aimed at Red Cross and Red Crescent National Societies. It explains the difference between Forecast based Financing and Forecast based Action, as well as Early Action Protocols and how to develop them.
Watch: What is forecast-based financing?
