An Early Action Protocol (EAP) aims to mitigate the impact of predicted events such as typhoons, floods or droughts by enabling the release of funding to execute pre-agreed early action before the event (a mechanism called Forecast-Based Financing). 510 can help set up EAPs together with National Societies.​

The IBF Portal visualizes and disseminates information that supports the operational decision making of disaster managers. A trigger model, which is used in the portal, is developed to determine at what threshold the EAP should be activated.​

The EAP is developed collaboratively with all organizations and communities involved to decide on what appropriate anticipatory action to undertake.