Glossary

International crisis financing system

The network of entities that provide or receive international development financing in order to enhance, support or substitute for state provision to address the risks or impacts of crisis. There is no single cohesive ‘system’ in terms of governance, coordination or operation, but the term can be a useful short-hand to refer to the group of institutions and operational organisations involved in both the current international aid effort and the proposed future effort (the Centre, based on ALNAP 2018).

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This is the third year that the Centre for Disaster Protection has published its flagship report, and this year it goes further than ever before.

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This report outlines ten strategic recommendations for closing the crisis protection gap, providing an ambitious roadmap for the next decade.

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A Year in Review is the Centre’s first published annual report. It details our progress and the challenges we’ve encountered, and showcases our impact.

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This report synthesises research exploring the feasibility of producing quantitative estimates of the costs of crisis protection across a variety of geographies and crisis types.

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This guidance note provides an overview of the Centre for Disaster Protection’s quality assurance service—a free-to-use and impartial service.

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This cross-country synthesis study calculates what the opportunity cost of budget reallocations was during the Covid-19 pandemic.

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A landmark new report from the Centre for Disaster Protection.

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This policy brief draws on the findings of five Discussion Papers in the Centre’s IDA19 Series.

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This paper outlines the current state of anticipatory action and discusses some of the existing evidence on its impact.

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This paper proposes an innovative approach to financing contingent liabilities using IDA.

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other key terms

Crisis protection gap

The difference between expected crisis costs and funding already arranged to cover them.

Ex ante

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

Contingent liabilities

Possible financial obligations that only become real if specific future events occur.

Parametric insurance

Insurance that pays when an agreed indicator reaches a set level, not actual losses.

Sustainable development

Meeting today’s needs without limiting future generations’ ability to meet theirs.

Risk transfer

When disaster risk is shifted to insurers or capital markets.