Outsmarting Floods
How WFP’s Forecast-Based Financing Protects Bangladeshi Communities
Bangladesh, a nation often battling monsoons and floods, faces a constant threat to food security and livelihoods. But the World Food Programme (WFP) is taking a innovative approach to combat this challenge: Forecast-based Financing (FbF).
Imagine a system that predicts floods and gets critical resources to vulnerable communities before disaster strikes. That’s the power of FbF. WFP uses reliable weather forecasts to identify potential floods. Based on these predictions, pre-defined triggers (like river water levels) are set. When these triggers are met, pre-planned actions kick in, such as distributing cash to families for food and supplies.