Submitted by Md. Salauddin, Bangladesh Red Crescent Society (BDRCS)
12 Jul 2021 , last updated 12 Jul 2021

Government to engage practitioners to formulate Forecast-based Financing/Action (FbF/A) Strategy

To formulate a Forecast-based Financing/ Action (FbF/A) Strategy for Bangladesh, a day long workshop was organized on 9th June 2021 by the Ministry of Disaster Management and Relief (MoDMR) of the Government of Bangladesh, with logistical support from the CARE Consortium. The workshop was organized based on the decision made during the last meeting of the Forecast-based Financing/Action (FbF/A) Taskforce of the Standing Orders on Disaster (read more here).

The keynote was presented by Ranjit Kumar Sen, Additional Secretary, MoDMR and Chair of the Taskforce. In his keynote he acknowledged the anticipatory action initiatives implemented by the Bangladesh Red Crescent Society (BDRCS), German Red Cross (GRC), Climate Centre and World Food Programme (WFP) in 2015 are being scaled up and are now recognized by the government. The recognition is the result of long-term advocacy by the BDRCS, GRC, WFP and other actors of FbF/A. The initiative of BDRCS to formulate and lead the FbF/A Technical Working Group was also acknowledged by the Taskforce.

During the workshop the interactive group work highlighted the following points to strengthen FbF/A initiatives in Bangladesh:

The following key decisions were made during the workshop:

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