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 moreRisk profile
Underlying risks that an organisation or country is exposed to and the extent to which they are mitigated by pre-arranged finance.
Catastrophe bond
A catastrophe bond (cat bond) is a risk-transfer financial instrument that allows governments or insurers to transfer disaster risk to capital market investors.
International development financing
Public funding flows supporting development objectives in lower income countries.
Contingent liabilities
Possible financial obligations that only become real if specific future events occur.
Disaster risk finance diagnostic
An analytical assessment of a country’s disaster risk profile.
Shock-responsive social protection
Social protection systems adapted to scale quickly when large shocks affect many people.
