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).

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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.

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other key terms

Crisis

A situation where severe needs overwhelm local and national capacity to respond effectively.

Prevention

Actions taken to avoid or reduce the impacts of future crises and hazards.

Parametric insurance

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

Preparedness

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

International premium support

Premium support is international funding to pay for insurance premiums.

Pre-arranged financing

Financing approved before crises that is released automatically when agreed triggers are met.