Glossary
Development insurer
Financial institution that offers insurance and complementary technical assistance, tied to explicit development objectives (Centre for Disaster Protection).
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other key terms
Hazard
A natural or human process that can cause injury, damage or disruption.
Trigger
A predefined threshold that activates payments or actions within risk financing mechanisms.
Ex ante
Actions, decisions or financial arrangements made before a disaster or crisis occurs.
Social protection
Policies and programmes designed to reduce and prevent poverty and vulnerability throughout the life cycle.
Sustainable development
Meeting today’s needs without limiting future generations’ ability to meet theirs.
Prevention
Actions taken to avoid or reduce the impacts of future crises and hazards.
