Glossary

Disaster risk management

Disaster risk management is the application of disaster risk reduction policies and strategies to prevent new disaster risk, reduce existing disaster risk and manage residual risk, contributing to the strengthening of resilience and reduction of disaster losses (UNDRR n.d.).

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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 guidance note provides an overview of the Centre for Disaster Protection’s quality assurance service—a free-to-use and impartial service.

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This brief forms part of a cross-country study on the opportunity cost of reallocating budgets in response to disasters.

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This paper explores how DRF instruments are being framed and understood within the panorama of Loss and Damage policy and finance agendas, highlighting areas of contention and sensitivity.

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This paper examines the role insurance can play as part of a wider strategy to help societies adapt to climate change and recover from disasters.

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other key terms

Development bank

A public financial institution providing loans, grants and expertise to support development goals.

Risk profile

Underlying risks that an organisation or country is exposed to and the extent to which they are mitigated by pre-arranged finance.

Indemnity insurance

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

Prevention

Actions taken to avoid or reduce the impacts of future crises and hazards.

Social protection

Policies and programmes designed to reduce and prevent poverty and vulnerability throughout the life cycle.

Sovereign insurance

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