Glossary
Annual Report
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A Year in Review is the Centre’s first published annual report. It details our progress and the challenges we’ve encountered, and showcases our impact.
Read moreother key terms
Catastrophe bond
A catastrophe bond (cat bond) is a risk-transfer financial instrument that allows governments or insurers to transfer disaster risk to capital market investors.
Hazard
A natural or human process that can cause injury, damage or disruption.
Crisis risk
The likelihood of harm or loss from crises shaped by hazards, exposure, vulnerability and capacity.
Shock-responsive social protection
Social protection systems adapted to scale quickly when large shocks affect many people.
International crisis financing system
The network of global organisations funding crisis prevention, preparedness and response.
Risk transfer
When disaster risk is shifted to insurers or capital markets.
