Glossary

Risk layering

Using different financial instruments for different disaster frequencies.

Learn more

This report offers an in-depth assessment of pre-arranged financing tools using seven key criteria for ensuring pre-arranged financing reduces the human and financial costs of disasters

Read more
other key terms

Hazard

A natural or human process that can cause injury, damage or disruption.

Early warning system

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

Vulnerability

Conditions that increase how severely people or communities are affected by hazards.

Risk profile

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

Disaster risk finance diagnostic

An analytical assessment of a country’s disaster risk profile.

Index

A measurable indicator used to estimate losses and trigger financial payouts.