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

International development financing

Public funding flows supporting development objectives in lower income countries.

Sustainable development

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

Risk transfer

When disaster risk is shifted to insurers or capital markets.

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.

Financial Flows

Financial flows refer to the movement of funds for disaster risk reduction (DRR) and response, covering planned and unplanned sources.

Development bank

A public financial institution providing loans, grants and expertise to support development goals.