Drought financing facility
This report gives an overview of the way the Drought Financing Facility (DFF) is designed, including two proposed pilots in Zimbabwe and Pakistan. The DFF is based on a risk management approach that involves scientific modelling of drought risks, focused scenario-based contingency planning and ground monitoring, and pre-positioned financing.
The objective is to protect communities at risk of major droughts by deploying funds to organisations on the ground in a faster, more efficient way. By intervening earlier, the DFF aims to prevent losses and reduce the amount of funding needed. The DFF is aiming to provide an anticipatory model that enables early, pre-planned and pre-financed responses that will save lives, livelihoods and costs.
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