Planning and preparing for shocks pays. Prearranged Financing (PAF) for disasters has the potential to significantly increase the predictability, speed and effectiveness of responses to shocks. Currently, it is unclear how much pre-arranged finance is required to protect crisis-vulnerable people against risk, how much coverage there is in place, and how far we are from achieving adequate coverage, targeted to the right places, for those people most at risk. This data-led report collates the best available data to start to assess and monitor annually the state of pre-arranged financing supported with international development financing in low-and middle-income countries.