Articles | Volume 15, issue 4
Research article
23 Apr 2015
Research article |  | 23 Apr 2015

Forecast-based financing: an approach for catalyzing humanitarian action based on extreme weather and climate forecasts

E. Coughlan de Perez, B. van den Hurk, M. K. van Aalst, B. Jongman, T. Klose, and P. Suarez


Interactive discussion

Status: closed
Status: closed
AC: Author comment | RC: Referee comment | SC: Short comment | EC: Editor comment
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Short summary
How can we use weather or climate forecasts to avoid disasters? This article offers a framework for determining when it is "worth" taking action to try to avoid a potential disaster. Considering forecast probabilities, actions, and funding constraints, we propose a novel forecast-based financing system that would automatically trigger action based on forecasts of increased risks.
Final-revised paper