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

Disaster risk financing

Financial arrangements made in advance to pay for disaster prevention, response and recovery.

Contingent loan (or credit) and grants

A pre approved loan or grant released automatically when agreed crisis conditions or triggers are met.

Development bank

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

Sustainable development

Meeting today’s needs without limiting future generations’ ability to meet theirs.

Basis risk

The gap between measured indicators and real losses causing payouts to differ from actual damage.

International crisis financing system

The network of global organisations funding crisis prevention, preparedness and response.