Forecast-based Financing: Kyrgyzstan
Organization: German Red Cross, Red Crescent Society of Kyrgyzstan
Year: 2019
The German Red Cross (GRC) and the Red Crescent Society of Kyrgyzstan (RCSK) have been working on establishing FbF in Kyrgyzstan since early 2019, with technical support of the Red Cross Red Crescent Climate Centre (RCCC), and fi nancial support of the Deutsche Bank Stiftung. The project has developed and tested an EAP on heat waves and started work on the elaboration of a cold-wave scenario to be tested during the 2019–2020 winter season. The overall bjective of the project is to support the local population with early actions to protect themselves and their belongings from the impacts of extreme events and thus to prevent or at least reduce suffering and losses through timely intervention. In addition, the project aims to contribute to a strengthened cooperation between the RCSK, the National Hydro-Meteorological Service and the Ministry of Emergency Situations with regard to disaster response in the country.