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.
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This working paper asks what is required for social protection systems to deliver timely, predictable, well-targeted and cost-effective shock response to disasters.
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This insight paper provides an overview of the key features of debt pause clauses, also known as climate resilient debt clauses.
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This brief forms part of a cross-country study on the opportunity cost of reallocating budgets in response to disasters.
Read moreInternational premium support
Premium support is international funding to pay for insurance premiums.
Risk retention
When governments retain and finance disaster costs themselves.
Disaster risk management
Policies and actions to reduce disaster risks, manage impacts and strengthen resilience.
Resilience
The ability to withstand shocks, adapt, recover and continue functioning over time.
Attachment point
The loss level above which a reinsurer begins paying under a reinsurance agreement.
Covariate shocks
Shocks affecting many households at once where losses are shared across the same community.
