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 moreEx ante
Actions, decisions or financial arrangements made before a disaster or crisis occurs.
Risk retention
When governments retain and finance disaster costs themselves.
Risk layering
Using different financial instruments for different disaster frequencies.
Prevention
Actions taken to avoid or reduce the impacts of future crises and hazards.
International premium support
Premium support is international funding to pay for insurance premiums.
Disaster risk management
Policies and actions to reduce disaster risks, manage impacts and strengthen resilience.
