Forecast-Based Financing in Nepal: A Return on Investment Study

Rome (Italy): World Food Programme (WFP), 2019.

English

12 p.

ELR3078

Growing evidence suggests that robust early warning systems based on credible scientific weather forecasts, together with preparedness and anticipatory action protocols, can add significant value in increasing community resilience and reducing the need for humanitarian assistance. The problem, however, has often been that although forecasts are available, the humanitarian community has not been able to use them effectively to take action prior to a climate-related shock turning into a disaster. To address those challenges, the World Food Programme (WFP) and the Government of Nepal are implementing a Forecast-based Financing project (FbF) aimed at bridging the gap between early warnings and anticipatory actions for floods in the 14 most disaster-prone districts of the Terai region. As part of the eff ort to build evidence and analyse the benefits of investing in forecast-based anticipatory action in Nepal and other disaster-prone countries, a return on investment analysis was commissioned. This report presents the main results of that study.

Electronic ed.

Public

ELR 3078

eng