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.
Read moreCrisis financing
Funding designed to prevent, prepare for and respond to crises before and after they occur.
Vulnerability
Conditions that increase how severely people or communities are affected by hazards.
Basis risk
The gap between measured indicators and real losses causing payouts to differ from actual damage.
Sustainable development
Meeting today’s needs without limiting future generations’ ability to meet theirs.
Cost multiple
The cost multiple measures the average amount a government pays to receive USD 1 of payout from a financing instrument over its lifetime.
Contingent loan (or credit) and grants
A pre approved loan or grant released automatically when agreed crisis conditions or triggers are met.
