Cost multiple
The cost multiple measures the average amount a government pays to receive USD 1 of payout from a financing instrument over its lifetime, expressed in present value terms.
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 morePrevention
Actions taken to avoid or reduce the impacts of future crises and hazards.
Resilience
The ability to withstand shocks, adapt, recover and continue functioning over time.
Shock-responsive social protection
Social protection systems adapted to scale quickly when large shocks affect many people.
International crisis financing system
The network of global organisations funding crisis prevention, preparedness and response.
Financial Flows
Financial flows refer to the movement of funds for disaster risk reduction (DRR) and response, covering planned and unplanned sources.
Fragility
High exposure to risk combined with weak capacity to cope, often leading to crisis.
