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 moreInternational premium support
Premium support is international funding to pay for insurance premiums.
International crisis financing system
The network of global organisations funding crisis prevention, preparedness and response.
Sovereign insurance
Sovereign insurance is insurance coverage purchased by a national government to protect its budget against the financial impacts of disasters.
Preparedness
Skills, systems and resources developed to respond effectively to likely future crises.
Crisis financing
Funding designed to prevent, prepare for and respond to crises before and after they occur.
Fragility
High exposure to risk combined with weak capacity to cope, often leading to crisis.
