Hazard
A process, phenomenon or human activity that may cause loss of life, injury or other health impacts, property damage, social and economic disruption or environmental degradation (UNISDR 2016).
International crisis financing system
The network of global organisations funding crisis prevention, preparedness and response.
Total crisis financing
Development funding focused mainly on crisis prevention, preparedness and response activities.
Development insurer
An insurer supporting development goals through insurance products and technical assistance.
Financial Flows
Financial flows refer to the movement of funds for disaster risk reduction (DRR) and response, covering planned and unplanned sources.
Sustainable development
Meeting today’s needs without limiting future generations’ ability to meet theirs.
Contingent loan (or credit) and grants
A pre approved loan or grant released automatically when agreed crisis conditions or triggers are met.
