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 moreDisaster risk management
Policies and actions to reduce disaster risks, manage impacts and strengthen resilience.
Fragility
High exposure to risk combined with weak capacity to cope, often leading to crisis.
Attachment point
The loss level above which a reinsurer begins paying under a reinsurance agreement.
International crisis financing system
The network of global organisations funding crisis prevention, preparedness and response.
Development insurer
An insurer supporting development goals through insurance products and technical assistance.
Accountability
Being responsible for decisions and resources, listening to affected people, and accepting consequences for actions taken.
