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Pre-arranged Finance for Food Security

https://docs.wfp.org/api/documents/WFP-0000168627/download/

Pre-Arranged Finance (PAF) is a transformative approach to crisis response, emphasizing proactive rather than reactive financing for food security. PAF involves pre-positioned funds, objective triggers, and pre-agreed plans to enable Anticipatory Action (AA) and Disaster Risk Financing (DRF). With only 2 percent of global crisis finance currently pre-arranged, WFP advocates for a tenfold increase by 2035 to better protect vulnerable populations from predictable shocks, especially climate-related ones. Through scaling up PAF, WFP can enhance resilience, safeguard livelihoods, and support governments and donors through cost-effective, timely interventions.