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).
The clearest picture yet of what countries actually want from pre-arranged finance and what institutional frictions slow delivery.
Read morePre-arranged financing is expanding fast, but the voices of the countries it is meant to protect are too rarely heard. This report gives the clearest picture yet of what countries actually want.
Read moreThe first cross-country evidence on what governments actually want from pre-arranged financing, drawing on evidence from nearly 250 government officials and national stakeholders.
Read moreThis 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 morePre-arranged financing
Financing approved before crises that is released automatically when agreed triggers are met.
Risk transfer
When disaster risk is shifted to insurers or capital markets.
Resilience
The ability to withstand shocks, adapt, recover and continue functioning over time.
Basis risk
The gap between measured indicators and real losses causing payouts to differ from actual damage.
Shock-responsive social protection
Social protection systems adapted to scale quickly when large shocks affect many people.
International premium support
Premium support is international funding to pay for insurance premiums.




