How is everything linked? "Anticipatory action is always a part of a broader risk management system", explains Rüth. Triggers, the selection of actions and financial mechanism are key compotents of Forecast-based Financing. There are nine steps altogether to create the best results. Rüth gives insight into some projects which always show one thing: anticipatory action is part of a bigger system.
Kunstmann now focuses on the challenges and chances of anticipatory action. The Philippines are the point of reference of his talk, because this region is often hit by disasters and many projects are responding to this. Food kits are, for example, provided by the ASB. Co-working and partnerships are key aspects here, as it is the knowledge transfer between all groups. Communication and coordination are crucial, informal communication channels help. Quality standards, guidelines and codes of practices offer even more help, to create a better networking and collaborative approaches. Sharing of lessons is one part besides anticipatory provision of financing to ensure early action and early access.