Glossary

Climate

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This insight paper aims to improve the reader’s understanding of two initiatives aiming to address aspects of climate challenge.

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This paper explores how DRF instruments are being framed and understood within the panorama of Loss and Damage policy and finance agendas, highlighting areas of contention and sensitivity.

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In the face of increasing climate volatility and stretched aid budgets, more effective ways to support households in times of crisis are needed.

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This paper examines the role insurance can play as part of a wider strategy to help societies adapt to climate change and recover from disasters.

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This synthesis report examines the role that insurance can play in supporting sustainable development and growth

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other key terms

Crisis protection gap

The difference between expected crisis costs and funding already arranged to cover them.

Attachment point

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

International premium support

Premium support is international funding to pay for insurance premiums.

Shock-responsive social protection

Social protection systems adapted to scale quickly when large shocks affect many people.

Preparedness

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

Crisis financing

Funding designed to prevent, prepare for and respond to crises before and after they occur.