Glossary

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).

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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.

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other key terms

Hazard

A natural or human process that can cause injury, damage or disruption.

Vulnerability

Conditions that increase how severely people or communities are affected by hazards.

Crisis financing

Funding designed to prevent, prepare for and respond to crises before and after they occur.

Trigger

A predefined threshold that activates payments or actions within risk financing mechanisms.

Financial Flows

Financial flows refer to the movement of funds for disaster risk reduction (DRR) and response, covering planned and unplanned sources.

Social protection

Policies and programmes designed to reduce and prevent poverty and vulnerability throughout the life cycle.