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 moreDevelopment bank
A public financial institution providing loans, grants and expertise to support development goals.
Fragility
High exposure to risk combined with weak capacity to cope, often leading to crisis.
Crisis financing
Funding designed to prevent, prepare for and respond to crises before and after they occur.
Prevention
Actions taken to avoid or reduce the impacts of future crises and hazards.
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.
Resilience
The ability to withstand shocks, adapt, recover and continue functioning over time.
