Glossary

Financial Flows

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

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The report contributes to a broader study to consider the opportunities, potential risks, and benefits of channelling disaster risk financing instruments through national social protection systems.

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The report contributes to a broader study to consider the opportunities, potential risks, and benefits of channelling disaster risk financing instruments through national social protection systems.

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This Disaster Risk Diagnostic supports The Gambia’s efforts to strengthen disaster risk financing and recommends ways to build a clearer risk profile.

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This paper aims to identify available data and methodologies, explore whether these could support a global database to track disaster-related financial flows.

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This policy brief draws on the findings of five Discussion Papers in the Centre’s IDA19 Series.

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Lessons for IDA from the UK Government’s approach to explicit contingent liabilities.

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This paper charts the evolution of the World Bank’s approach to crisis risk financing.

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This paper proposes an innovative approach to financing contingent liabilities using IDA.

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other key terms

Crisis risk

The likelihood of harm or loss from crises shaped by hazards, exposure, vulnerability and capacity.

Pre-arranged financing

Financing approved before crises that is released automatically when agreed triggers are met.

Accountability

Being responsible for decisions and resources, listening to affected people, and accepting consequences for actions taken.

Official development assistance (ODA)

Public aid supporting development and welfare in eligible countries, usually on concessional terms.

Development insurer

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

Crisis financing

Funding designed to prevent, prepare for and respond to crises before and after they occur.