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 moreCrisis financing
Funding designed to prevent, prepare for and respond to crises before and after they occur.
Vulnerability
Conditions that increase how severely people or communities are affected by hazards.
Contingent loan (or credit) and grants
A pre approved loan released automatically when agreed crisis conditions or triggers are met.
Early warning system
Systems that monitor hazards and share information early, so people can act in time.
Risk transfer
When disaster risk is shifted to insurers or capital markets.
Accountability
Being responsible for decisions and resources, listening to affected people, and accepting consequences for actions taken.
