Development and evaluation of flood forecasting models for forecast-based financing using a novel model suitability matrix

Forecast-based financing is a financial mechanism that facilitates humanitarian actions prior to anticipated floods by triggering release of pre-allocated funds based on exceedance of flood forecast thresholds. This paper presents a novel model suitability matrix that embeds application-specific needs and contingencies at local level on a...

Assessing the forecast skill of agricultural drought forecast from satellite-derived products in the Lower Shire River Basin

In 2008 the Red Cross Red Crescent (RCRC) started with Forecast-based Financing pilots to improve existing Early-Warning Early Action systems. Forecast-based financing is a new methodology to prepare, deliver and respond in a more effective and efficient manner, based on hazard forecasts. Actions are triggered when a forecast exceeds a danger...