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 moreAttachment point
The loss level above which a reinsurer begins paying under a reinsurance agreement.
Crisis financing
Funding designed to prevent, prepare for and respond to crises before and after they occur.
Accountability
Being responsible for decisions and resources, listening to affected people, and accepting consequences for actions taken.
Prevention
Actions taken to avoid or reduce the impacts of future crises and hazards.
Crisis protection gap
The difference between expected crisis costs and funding already arranged to cover them.
Adaptive social protection
Social protection systems that adjust to shocks, helping vulnerable people prepare, cope and recover over time.
