Standard operational procedures (SOP): forecast based financing
This publication describes the experience of the German Red Cross in Bangladesh with the development and implementation of forecast based actions for floods and cyclones. This publication is written for practitioners in disaster risk management.
In Forecast based Financing (FbF), two basic features are distinguished. The first describes the determination and production of a forecast. The second deals with the actions based on the forecast. The design and implementation of these actions are called Standard Operational Procedures (SOP) and are addressed in this manual.
This SOP includes step-by-step information to enable early warning based action in the event of a flood or cyclone. These actions can be taken to reduce community losses and prepare for a more effective and immediate response.