Anticipatory action (AA): Best practices and guiding principles for financial protocols of AA funds
This report examines the financial protocols of five multilateral and non-governmental AA financing mechanisms (AA funds) that finance anticipatory interventions, and it collates best practices to develop financial protocols governing the deployment of AA funds once plans are activated. Anticipatory action (AA) is a form of disaster risk management that involves taking action before a predicted hazardous event occurs, to prevent or reduce its impact.
Building on these best practices, seven principles have been identified that can contribute to optimal design of AA financial protocols.
- Pre-arranged
- Risk-informed and objective
- Flexible to account for uncertainty
- Localized
- Co-ordinated
- Inclusive
- Transparent and Accountable
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Themes
Early warning
Economics of DRR