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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Shock-responsive social protection
Social protection systems adapted to scale quickly when large shocks affect many people.
Adaptive social protection
Social protection systems that adjust to shocks, helping vulnerable people prepare, cope and recover over time.
Trigger
A predefined threshold that activates payments or actions within risk financing mechanisms.
Early warning system
Systems that monitor hazards and share information early, so people can act in time.
Risk layering
Using different financial instruments for different disaster frequencies.
Covariate shocks
Shocks affecting many households at once where losses are shared across the same community.
