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 moreEarly warning system
Systems that monitor hazards and share information early, so people can act in time.
Risk profile
Underlying risks that an organisation or country is exposed to and the extent to which they are mitigated by pre-arranged finance.
Covariate shocks
Shocks affecting many households at once where losses are shared across the same community.
Sovereign insurance
Sovereign insurance is insurance coverage purchased by a national government to protect its budget against the financial impacts of disasters.
Sustainable development
Meeting today’s needs without limiting future generations’ ability to meet theirs.
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.
