Categories: News

News: GAD’s new report for the International Federation of Red Cross and Red Crescent Societies

The Government Actuary’s Department (GAD) has assessed the ways that the International Federation of Red Cross and Red Crescent Societies (IFRC) can make the greatest use of available funds. The report has been published by the Centre for Disaster Protection.

GAD’s involvement

‘Financing the forecast-based early action protocols’ has been written by the Deputy Government Actuary Colin Wilson, and GAD actuary Georgina Bedenham.

In it, they consider ways that the IFRC can manage the risks and examine the funding options available to the IFRC.

Planning and responding

The IFRC has developed early action mechanisms through forecast-based financing.

Click For Offers
These response plans, or early action protocols, set out just when the IFRC should respond to a disaster, what it should do and what level of funding is available.

Maximise impact

Report co-author Colin Wilson said: “There are several steps that disaster relief organisations should consider, especially as not all disasters will occur at the same time.

Click For Offers
“They should have resources ready should a disaster materialise, make sure the funds are used effectively in order to maximise humanitarian impact, and plan how to address any potential funding shortfalls.”

Vivian Omotori

Recent Posts

News Update: Okowa signs bills establishing 3 universities in Delta

Delta Governor, Senator (Dr) Ifeanyi Okowa has signed three Bills for the establishment of new… Read More

March 4, 2021

News Update: Boko Haram’s RPG hit Gwange, Borno governor visit hospitals, confirms 10 deaths, 47 injuries

... Says govt taking measures .. Optimistic Insurgents won’t retake Marte again Borno Governor, Professor… Read More

March 4, 2021

News Update: Zulum visits Dikwa, shares N115m, food to 34,000

... Orders special medicals for attacked CJTFs Borno Governor, Professor Babagana Umara Zulum was in… Read More

March 4, 2021

This website uses cookies.