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

Risk layering

Using different financial instruments for different disaster frequencies.

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.

International crisis financing system

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

Risk profile

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

Adaptive social protection

Social protection systems that adjust to shocks, helping vulnerable people prepare, cope and recover over time.

Development insurer

An insurer supporting development goals through insurance products and technical assistance.