The State Of Pre-Arranged Financing For Disasters 2023
Planning and preparing for shocks pays. Pre-arranged financing (PAF) for disasters has the potential to significantly increase the predictability, speed and effectiveness of responses to shocks. Currently, it is unclear how much pre-arranged finance is required to protect crisis-vulnerable people against risk, how much coverage there is in place, and how far we are from achieving adequate coverage, targeted to the right places, for those people most at risk. This data-led report collates the best available data to start to assess and monitor annually the state of pre-arranged financing supported with international development financing in low-and middle-income countries.
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Expanding the deck or just reshuffling? What the Crisis Preparedness and Response Toolkit could mean for IDA countries
We take a look at what the World Bank’s new Crisis Toolkit means for IDA countries, and what it could do to strengthen pre-arranged financing targets, crisis preparedness and partnerships.
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Key Terms Used In This Report
Financing approved before crises that is released automatically when agreed triggers are met.
Public funding flows supporting development objectives in lower income countries.
Funding designed to prevent, prepare for and respond to crises before and after they occur.
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