A guide to trigger methodology for Forecast-based Financing
This guide will outline the design process of an impact-based forecasting methodology to be used to define forecast-based financing (FbF) triggers. It is meant to support stakeholders involved in developing triggers and provides step-by-step instructions and examples on how to do this. This is a living document, based on ongoing projects; it will be periodically updated to include best practice and lessons learned. If you have suggestions, please email: fbf(at)climatecentre.org.
Firstly, lessons learned from pilots around the world are presented.
Second, each of the steps to develop triggers will be explained in detail.
The target audience is institutions and/or government agencies interested in developing impact-based forecasting systems to enable early action.
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