The Hindu Kush Himalaya faces rising climate extremes that threaten mountain communities, demanding a shift from reactive to proactive approaches. Forecast-based financing, guided by projections and risk analysis, enables anticipatory action by releasing funds ahead of crises to reduce losses. This session discussed opportunities, challenges, and best practices of forecast-based financing, drawing on global pilots and reflecting on their relevance for building resilience in fragile mountain geographies. Speakers included Dr Vishwas Chitale, Council on Energy Environment and Water (CEEW); Dr Suchismita Mukhopadhyay, Coalition for Disaster Resilient Infrastructure (CDRI); Ms Dulari Parmar, Youth for Unity and Voluntary Action (YUVA); Mr Lucca Rizzo, Institute for Climate and Society (iCS).
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