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 moreIndemnity insurance
Insurance that pays based on assessed losses after damage to a specific asset.
Fragility
High exposure to risk combined with weak capacity to cope, often leading to crisis.
Accountability
Being responsible for decisions and resources, listening to affected people, and accepting consequences for actions taken.
Social protection
Policies and programmes designed to reduce and prevent poverty and vulnerability throughout the life cycle.
Prevention
Actions taken to avoid or reduce the impacts of future crises and hazards.
Sustainable development
Meeting today’s needs without limiting future generations’ ability to meet theirs.
