Page 4 - Forecast Based Financing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ethiopia: Flood - Early Action Protocol summary (EAP2021ET01) Format The IFRC Disaster Relief Emergency Fund (DREF) has approved a total allocation of CHF 350, 000 from its Forecast based Action (FbA) mechanism for the Ethiopia Red Cross Society. The approved amount consists of an immediate allocation of CHF 101,777 for readiness and pre-positioning and CHF 248,223 automatically allocated to implement early actions once the defined triggers are met. The FbA by the DREF is a Forecast-based Financing funding mechanism managed by the DREF. Allocations for the FbA by the DREF are made from a sepa...

Philippines: Floods - Early Action Protocol summary (EAP2021PH02) Format The IFRC Disaster Relief Emergency Fund (DREF) has approved a total allocation of CHF 234,809 (direct costs) from its Forecast based Action (FbA) mechanism for the Philippines Red Cross (PRC). The approved amount consists of an immediate allocation of CHF 79,215 for readiness and pre-positioning and CHF 157,751 automatically allocated to implement early actions once the defined triggers are met. The FbA by the DREF is a Forecast-based Financing funding mechanism managed by the DREF. Allocations for the FbA by the DREF ar...

An Application of Flood Risk Analysis for Impact Based Forecasting in Kenya Format Abstract Floods continue to be the most devastating natural disasters, whose frequency and intensity are increasing due to climate change. Extreme floods have posed significant risks to most parts of Kenya making it one of the most flood-prone country in the world. As such, disaster resilience projects are important to reduce the impacts of extreme flood events to vulnerable communities. The flood risk analysis approach aims to provide essential information for formulation of disaster prevention policies and de...

MoU between Forecasting and Warning Centre and BDRCS Format A Memorandum of Understanding has been signed between Flood Forecasting and Warning Centre (FFWC) of Bangladesh Water Development Board under the Ministry of Water Resources of the Government of Bangladesh and Bangladesh Red Crescent Society at the Conference Room of Pani Bhaban. Feroz Salah Uddin, Secretary General of Bangladesh Red Crescent Society signed on behalf of the BDRCS and Nurul Amin, Chief Engineer of Hydrology Department signed on behalf of the BWDB in the presence of A K M Waheduddin Chowdhury, Director General, Banglad...

The International Federation of Red Cross and Red Crescent Societies (IFRC) has provided emergency funds for Mongolia to protect the lives and livelihoods of hundreds of herders after the national weather agency forecast the country was facing one of its most extreme winters on record. Mongolia’s National Agency for Meteorology and Environmental Monitoring has warned that more than 60 percent of the country is at risk of an extreme winter, with temperatures forecast to plummet to extreme lows of minus (-) 50 degrees Celsius for days on end. The IFRC says it has released nearly 290,000 Swiss...