Glossary

Disaster risk finance diagnostic

An analytical assessment of a country’s disaster risk profile, financing systems and institutional arrangements used to identify funding gaps for disaster response and recommend strategies to strengthen financial preparedness.

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An independent evaluation of the Global Shield's In-Country Process, examining what works, what doesn't, and how the approach can be strengthened for future rounds.

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This technical brief, authored by CERDI and supported by the Centre for Disaster Protection, provides an in-depth analysis of flood risk in Chad.

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This report on Chad provides an in-depth analysis of the country’s social protection and disaster risk financing landscape to inform future programme design.

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This guidance note has been developed to help the increasing number of countries and organisations that are considering or using pre-arranged financing instruments.

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This report on Mali provides an in-depth analysis of the country’s social protection and disaster risk financing landscape to inform future programme design.

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This is the first in a series of diagnostic reports aimed at informing the design and programming of the Centre’s support to the SASPP.

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other key terms

Ex ante

Actions, decisions or financial arrangements made before a disaster or crisis occurs.

Resilience

The ability to withstand shocks, adapt, recover and continue functioning over time.

Sovereign insurance

Sovereign insurance is insurance coverage purchased by a national government to protect its budget against the financial impacts of disasters.

Indemnity insurance

Insurance that pays based on assessed losses after damage to a specific asset.

Preparedness

Skills, systems and resources developed to respond effectively to likely future crises.

Catastrophe bond

A catastrophe bond (cat bond) is a risk-transfer financial instrument that allows governments or insurers to transfer disaster risk to capital market investors.