Intervention · Intervention

Forecast-based finance

Anticipatory action that releases pre-arranged funds automatically when forecast or early-warning triggers are reached, enabling early protective measures to be implemented before a climate hazard strikes.

Definition source: IFRC Anticipation Hub - Forecast-based Financing (FbF)

Synonyms

forecast-based action, anticipatory financing, FbF, forecast-based financing

Broader

Anticipatory action

Narrower

none

Relations

addresses Fluvial flood
produces Loss avoided
applies-to Smallholder farming livelihood

Counts as adaptation

Always (adaptation-specific).

Provenance

Domain expert

Identifier

INT_110 · https://mlolita26.github.io/cgiar-climate-taxonomy/terms/INT_110
(planned permanent identifier: https://w3id.org/cgiar/climate-taxonomy/INT_110)