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 moreDisaster risk finance diagnostic
An analytical assessment of a country’s disaster risk profile.
Trigger
A predefined threshold that activates payments or actions within risk financing mechanisms.
Development bank
A public financial institution providing loans, grants and expertise to support development goals.
Disaster risk management
Policies and actions to reduce disaster risks, manage impacts and strengthen resilience.
Vulnerability
Conditions that increase how severely people or communities are affected by hazards.
International premium support
Premium support is international funding to pay for insurance premiums.
