Fragility
The combination of exposure to risk and insufficient coping capacity of the state, system and/or communities to manage, absorb or mitigate those risks. Fragility can lead to negative outcomes including violence, the breakdown of institutions, displacement, humanitarian crises or other emergencies (OECD 2016).
This insight paper aims to improve the reader’s understanding of two initiatives aiming to address aspects of climate challenge.
Read moreSovereign insurance
Sovereign insurance is insurance coverage purchased by a national government to protect its budget against the financial impacts of disasters.
Development insurer
An insurer supporting development goals through insurance products and technical assistance.
Disaster risk finance diagnostic
An analytical assessment of a country’s disaster risk profile.
Adaptive social protection
Social protection systems that adjust to shocks, helping vulnerable people prepare, cope and recover over time.
Risk transfer
When disaster risk is shifted to insurers or capital markets.
Disaster
A severe event causing widespread harm that exceeds a community’s ability to cope alone.
