TY - JOUR
T1 - Scalable and sustainable
T2 - How to build anticipatory capacity into social protection systems
AU - Costella, Cecilia Valentina
AU - Jaime, Catalina
AU - Arrighi, Julie
AU - de Perez, Erin Coughlan
AU - Suarez, Pablo
AU - van Aalst, Maarten
PY - 2017/7/1
Y1 - 2017/7/1
N2 - Climate shocks contribute to a significant share of the humanitarian burden, and are a key factor in increasing poverty and food insecurity. Social protection is increasingly recognised as an instrument to help build resilience to climate risks through long-term, large-scale national systems. However, most experiences to date have focused on social protection’s role for chronic needs, or at best, shock-response, rather than on anticipation and prevention. This article argues that social protection can support more effective resilience building at scale by integrating early action and preparedness. We propose a concrete solution, namely linking a Forecast-based Financing mechanism to a social protection system to enable anticipatory actions based on forecast triggers and guaranteed funding ahead of a shock. Such a system may enhance scalability, timeliness, predictability and adequacy of social protection benefits. Key considerations for success of this emerging approach include sound analysis of forecast, risks, cost and benefits, and ring-fenced funding.
AB - Climate shocks contribute to a significant share of the humanitarian burden, and are a key factor in increasing poverty and food insecurity. Social protection is increasingly recognised as an instrument to help build resilience to climate risks through long-term, large-scale national systems. However, most experiences to date have focused on social protection’s role for chronic needs, or at best, shock-response, rather than on anticipation and prevention. This article argues that social protection can support more effective resilience building at scale by integrating early action and preparedness. We propose a concrete solution, namely linking a Forecast-based Financing mechanism to a social protection system to enable anticipatory actions based on forecast triggers and guaranteed funding ahead of a shock. Such a system may enhance scalability, timeliness, predictability and adequacy of social protection benefits. Key considerations for success of this emerging approach include sound analysis of forecast, risks, cost and benefits, and ring-fenced funding.
KW - Anticipatory capacity
KW - Climate risk management
KW - Early action
KW - Early warning
KW - Forecast-based financing
KW - Resilience
KW - Social protection
UR - http://www.scopus.com/inward/record.url?scp=85031774549&partnerID=8YFLogxK
U2 - 10.19088/1968-2017.151
DO - 10.19088/1968-2017.151
M3 - Article
AN - SCOPUS:85031774549
SN - 0265-5012
VL - 48
SP - 31
EP - 46
JO - IDS Bulletin
JF - IDS Bulletin
IS - 4
ER -