Madhab introduces the reasons and benefits of Forecast-based Financing in comparison to reactive response interventions dominating the humanitarian system. He explains the key elements of FbF/FbA, forecasts, triggers, financing, EAP, and gives an overview of current anticipatory action projects in Asia-Pacific. In the Q&A the discussion evolves around barriers and obstacles of upscaling FbF/FbA in a more conservative ("acting in vain") and responsive humanitarian system. Madhab highlights the importance of the right trigger as crucial moment of the FbF system to really know the impact of that forecasted disaster: "With triggers we make use of the forecast and the anticipated impact of the disaster." The trigger together with the available financing mechanism and the activation of the Early Action Protocol (EAP) needs to be automated because we don't have much time. The EAP is a standard operating procedure and guidance for FbF.
Hilla Wessel