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

Early warning system

Systems that monitor hazards and share information early, so people can act in time.

Ex ante

Actions, decisions or financial arrangements made before a disaster or crisis occurs.

Covariate shocks

Shocks affecting many households at once where losses are shared across the same community.

Pre-arranged financing

Financing approved before crises that is released automatically when agreed triggers are met.

Preparedness

Skills, systems and resources developed to respond effectively to likely future crises.

Sustainable development

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