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).
other key terms
Sustainable development
Meeting today’s needs without limiting future generations’ ability to meet theirs.
Adaptive social protection
Social protection systems that adjust to shocks, helping vulnerable people prepare, cope and recover over time.
Risk retention
When governments retain and finance disaster costs themselves.
Risk profile
Underlying risks that an organisation or country is exposed to and the extent to which they are mitigated by pre-arranged finance.
Other official flows (OOF)
Public funding supporting development that does not meet official aid definitions.
Disaster risk financing
Financial arrangements made in advance to pay for disaster prevention, response and recovery.
