Risk layering
Using different financial instruments for different disaster frequencies.
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 moreOfficial development assistance (ODA)
Public aid supporting development and welfare in eligible countries, usually on concessional terms.
Early warning system
Systems that monitor hazards and share information early, so people can act in time.
Cost multiple
The cost multiple measures the average amount a government pays to receive USD 1 of payout from a financing instrument over its lifetime.
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.
Development insurer
An insurer supporting development goals through insurance products and technical assistance.
Vulnerability
Conditions that increase how severely people or communities are affected by hazards.
