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

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.

Sustainable development

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

Resilience

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

Anticipatory Action

Actions taken before a crisis hits to prevent or reduce potential disaster impacts prior to a shock or before acute impacts are felt.

Risk transfer

When disaster risk is shifted to insurers or capital markets.