Glossary

Early warning system

An integrated system of hazard monitoring, forecasting and prediction, disaster risk assessment, communication and preparedness activities systems and processes that enables individuals, communities, governments, businesses and others to take timely action to reduce disaster risks in advance of hazardous events (UNDRR n.d.).

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This report examines how governments across Burkina Faso, Chad, Mali, Mauritania and Senegal can better plan and budget for disasters before they strike.

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The study puts forward six lessons and 12 recommendations for donors interested in supporting this agenda.

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This brief reviews the evidence on the welfare impacts of proactive approaches to setting up finance for disaster response.

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Practical guidance on contingency planning a before a disaster strikes to support a faster, more coordinated, and ultimately, more effective response.

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other key terms

Ex ante

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

Hazard

A natural or human process that can cause injury, damage or disruption.

Parametric insurance

Insurance that pays when an agreed indicator reaches a set level, not actual losses.

Disaster risk finance diagnostic

An analytical assessment of a country’s disaster risk profile.

Shock-responsive social protection

Social protection systems adapted to scale quickly when large shocks affect many people.

Preparedness

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