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

Ex ante

Actions, decisions or financial arrangements made before a disaster or crisis occurs.

Preparedness

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

International development financing

Public funding flows supporting development objectives in lower income countries.

Social protection

Policies and programmes designed to reduce and prevent poverty and vulnerability throughout the life cycle.

Resilience

The ability to withstand shocks, adapt, recover and continue functioning over time.

Contingent loan (or credit) and grants

A pre approved loan or grant released automatically when agreed crisis conditions or triggers are met.