Glossary

Preparedness

The knowledge and capacities developed by governments, response and recovery organisations, communities, and individuals to effectively anticipate, respond to and recover from the impacts of likely, imminent or current crises. Preparedness can be distinguished between financial preparedness (e.g. the creation of budgetary or financial mechanisms to respond to a particular type of crisis) and delivery system preparedness (e.g. investments in enabling social protection systems to be able to scale up rapidly following a crisis) (the Centre, based on UNISDR 2016).

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This report captures and builds on learning from the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) anticipatory action pilot in Nepal.

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This guidance note is intended as a common framework to support practical approaches to meaningful accountability across the sector.

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This guidance document offers practical steps on how to capture lessons from DRF initiatives.

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This brief reviews the evidence on the welfare impacts of proactive approaches to setting up finance for disaster response.

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other key terms

Parametric insurance

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

Contingent liabilities

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

International crisis financing system

The network of global organisations funding crisis prevention, preparedness and response.

Official development assistance (ODA)

Public aid supporting development and welfare in eligible countries, usually on concessional terms.

Contingent loan (or credit) and grants

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

International development financing

Public funding flows supporting development objectives in lower income countries.