While governments have made significant progress in managing growing climate risks and building resilience through allocating more domestic resources to disaster management, there is still a significant protection gap between the financial impacts of climate-related disasters and what governments and humanitarian partners can provide. Governments and the humanitarian sector urgently need to scale-up disaster risk financing solutions to strengthen safety nets for the most vulnerable, enabling more timely assistance to the populations most at risk. This factsheet details how WFP is providing financial protection through pre-arranged finance for early action.