Development insurer
Financial institution that offers insurance and complementary technical assistance, tied to explicit development objectives (Centre for Disaster Protection).
Crisis risk
The likelihood of harm or loss from crises shaped by hazards, exposure, vulnerability and capacity.
Adaptive social protection
Social protection systems that adjust to shocks, helping vulnerable people prepare, cope and recover over time.
Accountability
Being responsible for decisions and resources, listening to affected people, and accepting consequences for actions taken.
International development financing
Public funding flows supporting development objectives in lower income countries.
Index
A measurable indicator used to estimate losses and trigger financial payouts.
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.
