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 moreShock-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.
Ex ante
Actions, decisions or financial arrangements made before a disaster or crisis occurs.
Other official flows (OOF)
Public funding supporting development that does not meet official aid definitions.
Crisis financing
Funding designed to prevent, prepare for and respond to crises before and after they occur.
Parametric insurance
Insurance that pays when an agreed indicator reaches a set level, not actual losses.
