Prevention
Activities and measures to avoid existing and new crisis risks, including mitigation activities that lessen or minimise the adverse impacts of a hazardous event without fully avoiding the impacts (the Centre, based on UNISDR 2016).
Preparedness
Skills, systems and resources developed to respond effectively to likely future crises.
Risk layering
Using different financial instruments for different disaster frequencies.
Crisis risk
The likelihood of harm or loss from crises shaped by hazards, exposure, vulnerability and capacity.
Risk transfer
When disaster risk is shifted to insurers or capital markets.
Disaster
A severe event causing widespread harm that exceeds a community’s ability to cope alone.
Adaptive social protection
Social protection systems that adjust to shocks, helping vulnerable people prepare, cope and recover over time.
