Glossary

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).

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other key terms

Shock-responsive social protection

Social protection systems adapted to scale quickly when large shocks affect many people.

Early warning system

Systems that monitor hazards and share information early, so people can act in time.

Development bank

A public financial institution providing loans, grants and expertise to support development goals.

Crisis protection gap

The difference between expected crisis costs and funding already arranged to cover them.

Sustainable development

Meeting today’s needs without limiting future generations’ ability to meet theirs.

Trigger

A predefined threshold that activates payments or actions within risk financing mechanisms.