Contingent loan (or credit) and grants
A type of pre-arranged financing whereby a loan or grant is approved in advance of a crisis and is guaranteed to be provided to a specific implementer when a specific pre-identified trigger condition is met (Centre for Disaster Protection).
This working paper presents a framework that compares contingent loans, grants from multilateral development banks, catastrophe bonds, and insurance provided through regional risk pools.
Read moreThis working paper asks what is required for social protection systems to deliver timely, predictable, well-targeted and cost-effective shock response to disasters.
Read moreThis insight paper provides an overview of the key features of debt pause clauses, also known as climate resilient debt clauses.
Read moreThis brief forms part of a cross-country study on the opportunity cost of reallocating budgets in response to disasters.
Read moreEarly warning system
Systems that monitor hazards and share information early, so people can act in time.
Sovereign insurance
Sovereign insurance is insurance coverage purchased by a national government to protect its budget against the financial impacts of disasters.
Parametric insurance
Insurance that pays when an agreed indicator reaches a set level, not actual losses.
Accountability
Being responsible for decisions and resources, listening to affected people, and accepting consequences for actions taken.
Disaster risk finance diagnostic
An analytical assessment of a country’s disaster risk profile.
Disaster risk management
Policies and actions to reduce disaster risks, manage impacts and strengthen resilience.
