Glossary

Resilience

The ability of a system, community or society exposed to hazards to resist, absorb, accommodate, adapt to, transform and recover from the effects of a hazard in a timely and efficient manner, including through the preservation and restoration of its essential basic structures and functions through risk management (UNISDR 2016).

Learn more

This report on Mali provides an in-depth analysis of the country’s social protection and disaster risk financing landscape to inform future programme design.

Read more
other key terms

Official development assistance (ODA)

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

Risk profile

Underlying risks that an organisation or country is exposed to and the extent to which they are mitigated by pre-arranged finance.

Preparedness

Skills, systems and resources developed to respond effectively to likely future crises.

Contingent loan (or credit) and grants

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

Catastrophe bond

A catastrophe bond (cat bond) is a risk-transfer financial instrument that allows governments or insurers to transfer disaster risk to capital market investors.

Early warning system

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