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).
Disaster risk management
Policies and actions to reduce disaster risks, manage impacts and strengthen resilience.
Crisis risk
The likelihood of harm or loss from crises shaped by hazards, exposure, vulnerability and capacity.
Early warning system
Systems that monitor hazards and share information early, so people can act in time.
Other official flows (OOF)
Public funding supporting development that does not meet official aid definitions.
Index
A measurable indicator used to estimate losses and trigger financial payouts.
Basis risk
The gap between measured indicators and real losses causing payouts to differ from actual damage.
