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Forecast-based Financing Factsheet

https://docs.wfp.org/api/documents/WFP-0000069094/download/
Forecast-based Financing is an innovative mechanism whereby early actions at community and government level are pre-planned based on credible forecasts, and are funded and implemented before a climate shock. These actions minimize losses and damages caused by climate hazards, and reduce the need for humanitarian assistance in their aftermath. Found out more on WFP’s work with forecast-based financing.