Linking Anticipatory Action to Risk Financing: Compendium of Think Pieces by Members of the Sectoral Community
The development, humanitarian and private sector have seen the development of many new Climate and Disaster Risk Finance and Insurance (CDRFI) tools over the past decades (e.g. index-based insurance, catastrophe bonds, forecast-based financing, pooled funds and many other innovations).
Unfortunately, the implementations mostly have happened in isolation of each other and not in integrated approaches like comprehensive disaster risk financing strategies or systematically linked to recent humanitarian efforts to scale anticipatory action (AA). To address this issue, the Anticipation Hub, the InsuResilience Global Partnership (IGP) and the Risk-Informed Early Action Partnership (REAP) teamed up to launch the “Sectoral Community on Linking Anticipatory Action to Risk Financing” in March 2021, bringing together the development & humanitarian sector, public & private actors, civil society actors, researchers and think tanks to exchange experiences and share ideas on how various CDRFI tools and anticipatory action can be better integrated.
The present report aims to deepen the discussions by providing concise opinion pieces challenging the status quo, addressing issues and offering possible opportunities and solutions. The think pieces are not necessarily providing the views of the organisations of the respective authors but their personal perspectives.
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Advocacy, Disaster Risk Financing, Early Action