Disaster
A sudden, calamitous event that seriously disrupts the functioning of a community or society and causes human, material, and economic or environmental losses that exceed the community’s or society’s ability to cope using its own resources. Though often caused by nature, disasters can have human origins (IFRC, n.d.).
This study analysed international financial flows to nine countries for the 18 months after recent crises to understand funding timelines and other features.
Read moreContingent liabilities
Possible financial obligations that only become real if specific future events occur.
Hazard
A natural or human process that can cause injury, damage or disruption.
Sustainable development
Meeting today’s needs without limiting future generations’ ability to meet theirs.
Financial Flows
Financial flows refer to the movement of funds for disaster risk reduction (DRR) and response, covering planned and unplanned sources.
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.
