Attachments
In order to bring early and predictable risk financing to a growing number of at-risk people, Start Network has developed and experimented with a wide range of tools and approaches. One of the key mechanisms we have developed is a disaster risk financing (DRF) approach through Start Ready, which aims to provide pre-positioned, pooled funding to support national stakeholders to act earlier for predictable crises.
On the 12th February 2024, the Start Ready Madagascar system triggered for drought with a mid-season trigger at the end of growing season in July, anticipating poor performance of agricultural harvest based on current growing patterns.
This report evaluates the activation and discusses how similar actions can be improved in the future.