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.

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other key terms

International development financing

Public funding flows supporting development objectives in lower income countries.

Trigger

A predefined threshold that activates payments or actions within risk financing mechanisms.

Index

A measurable indicator used to estimate losses and trigger financial payouts.

Vulnerability

Conditions that increase how severely people or communities are affected by hazards.

Attachment point

The loss level above which a reinsurer begins paying under a reinsurance agreement.

Sustainable development

Meeting today’s needs without limiting future generations’ ability to meet theirs.