Glossary

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).

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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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This brief forms part of a cross-country study on the opportunity cost of reallocating budgets in response to disasters.

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other key terms

Anticipatory Action

Actions taken before a crisis hits to prevent or reduce potential disaster impacts prior to a shock or before acute impacts are felt.

Development insurer

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

Total crisis financing

Development funding focused mainly on crisis prevention, preparedness and response activities.

Preparedness

Skills, systems and resources developed to respond effectively to likely future crises.

Disaster risk management

Policies and actions to reduce disaster risks, manage impacts and strengthen resilience.

Disaster risk finance diagnostic

An analytical assessment of a country’s disaster risk profile.