Crisis protection gap
The difference between total expected contingent liabilities of national or international responders (i.e. the costs they can expect to incur in responding to crises) and the expected funding available to meet these costs through pre-arranged financing mechanisms.
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A Year in Review 2024–25 shows how the Centre for Disaster Protection is turning ideas into impact.
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This report outlines ten strategic recommendations for closing the crisis protection gap, providing an ambitious roadmap for the next decade.
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This report synthesises research exploring the feasibility of producing quantitative estimates of the costs of crisis protection across a variety of geographies and crisis types.
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This paper examines the evidence on how to prepare better for disasters.
Read moreFragility
High exposure to risk combined with weak capacity to cope, often leading to crisis.
Catastrophe bond
A catastrophe bond (cat bond) is a risk-transfer financial instrument that allows governments or insurers to transfer disaster risk to capital market investors.
International development financing
Public funding flows supporting development objectives in lower income countries.
Sovereign insurance
Sovereign insurance is insurance coverage purchased by a national government to protect its budget against the financial impacts of disasters.
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.
Crisis risk
The likelihood of harm or loss from crises shaped by hazards, exposure, vulnerability and capacity.
