Glossary

Ex ante

Latin for ‘from before’. In the context of disaster events, ex ante instruments are arranged before the event, and ex ante decisions are made at that time as well (Clarke and Dercon 2016).

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other key terms

Disaster risk financing

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

Total crisis financing

Development funding focused mainly on crisis prevention, preparedness and response activities.

Contingent loan (or credit) and grants

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

International crisis financing system

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

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.

Other official flows (OOF)

Public funding supporting development that does not meet official aid definitions.