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 moreDisaster risk management
Policies and actions to reduce disaster risks, manage impacts and strengthen resilience.
Cost multiple
The cost multiple measures the average amount a government pays to receive USD 1 of payout from a financing instrument over its lifetime.
Vulnerability
Conditions that increase how severely people or communities are affected by hazards.
Resilience
The ability to withstand shocks, adapt, recover and continue functioning over time.
Financial Flows
Financial flows refer to the movement of funds for disaster risk reduction (DRR) and response, covering planned and unplanned sources.
Risk layering
Using different financial instruments for different disaster frequencies.
