Glossary

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).

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This insight paper aims to improve the reader’s understanding of two initiatives aiming to address aspects of climate challenge.

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other key terms

Early warning system

Systems that monitor hazards and share information early, so people can act in time.

Pre-arranged financing

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

Ex ante

Actions, decisions or financial arrangements made before a disaster or crisis occurs.

Development insurer

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

Resilience

The ability to withstand shocks, adapt, recover and continue functioning over time.

Official development assistance (ODA)

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