International premium support
Premium support is international funding to pay for insurance premiums. It is paid to or on behalf of vulnerable countries or humanitarian actors to buy insurance coverage (Centre for Disaster Protection).
This insight paper aims to support policymakers and practitioners as they seek to scale up financial protection against climate-related shocks through sovereign insurance solutions.
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The growing scale, duration and impact of refugee crises requires innovative approaches to financing.
Read moreCrisis risk
The likelihood of harm or loss from crises shaped by hazards, exposure, vulnerability and capacity.
Covariate shocks
Shocks affecting many households at once where losses are shared across the same community.
Prevention
Actions taken to avoid or reduce the impacts of future crises and hazards.
Disaster risk financing
Financial arrangements made in advance to pay for disaster prevention, response and recovery.
Contingent loan (or credit) and grants
A pre approved loan or grant released automatically when agreed crisis conditions or triggers are met.
Fragility
High exposure to risk combined with weak capacity to cope, often leading to crisis.
