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

Accountability

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

Other official flows (OOF)

Public funding supporting development that does not meet official aid definitions.

Crisis financing

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

Indemnity insurance

Insurance that pays based on assessed losses after damage to a specific asset.

Prevention

Actions taken to avoid or reduce the impacts of future crises and hazards.

Development insurer

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