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
Social protection
Policies and programmes designed to reduce and prevent poverty and vulnerability throughout the life cycle.
Covariate shocks
Shocks affecting many households at once where losses are shared across the same community.
Total crisis financing
Development funding focused mainly on crisis prevention, preparedness and response activities.
Other official flows (OOF)
Public funding supporting development that does not meet official aid definitions.
Hazard
A natural or human process that can cause injury, damage or disruption.
Development bank
A public financial institution providing loans, grants and expertise to support development goals.
