Crisis
A situation creating severe and widespread needs that exceed the existing local and national capacities to prevent, mitigate, or respond. This includes crises arising from a range and combination of hazards including conflict, weather and climate-related events and stresses, and disease (Centre for Disaster Protection).
Alongside the Airbel Research and Innovation Lab we provide key lessons for how effective crisis response can be financed and triggered
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This paper and accompanying policy brief detail how the CRW has been used to date, and identifies a number of concrete ways of improving its performance.
Read moreResidual risk
The disaster risk that remains in unmanaged form, even when effective disaster risk reduction measures are in place, and for which emergency response and recovery capacities must be maintained (UNDRR 2026).
Contingent liabilities
Possible financial obligations that only become real if specific future events occur.
Sustainable development
Meeting today’s needs without limiting future generations’ ability to meet theirs.
Other official flows (OOF)
Public funding supporting development that does not meet official aid definitions.
Trigger
A predefined threshold that activates payments or actions within risk financing mechanisms.
Risk retention
When governments retain and finance disaster costs themselves.
