Summary Report on the web-talk: Early Warning Systems and Risk Financing: Opportunities for Enhancing Anticipatory Action

This report summarizes the main points discussed during the web-talk ‘Early Warning Systems and Risk Financing:
Opportunities for Enhancing Anticipatory Action’, co-hosted by the Secretariats of the InsuResilience Global Partnership and the Risk-Informed Early Action Partnership in October 2020.
These were the goals set for the event:

• Showcasing concrete examples of risk financing solutions that are linked to early warning systems, shifting
  pay-outs to an anticipatory, ex-ante stage and supporting the paradigm shift towards preventive risk
  management.
• Presenting options for anticipatory approaches to humanitarian funding, as well as inclusive insurance
  solutions linked to early warning systems.
• Gathering deeper insights from participants on the applicability of these approaches in different locations.
• Providing the platform for stakeholders to discuss potential collaboration for piloting integrated approaches.
• Based upon the best practice presented, discussing interfaces between humanitarian and risk financing
  systems, how they can be connected, and consequently pave the way for pilot projects.