Risk profile
Underlying risks that an organisation or country is exposed to, the amount of financial protection needed and that is expected to be covered by pre-arranged financing instrument(s), and where there are funding gaps.
This guidance note has been developed to help the increasing number of countries and organisations that are considering or using pre-arranged financing instruments.
Read moreVulnerability
Conditions that increase how severely people or communities are affected by hazards.
Crisis protection gap
The difference between expected crisis costs and funding already arranged to cover them.
Development bank
A public financial institution providing loans, grants and expertise to support development goals.
Ex ante
Actions, decisions or financial arrangements made before a disaster or crisis occurs.
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.
Shock-responsive social protection
Social protection systems adapted to scale quickly when large shocks affect many people.
