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 moreRisk retention
When governments retain and finance disaster costs themselves.
Prevention
Actions taken to avoid or reduce the impacts of future crises and hazards.
Accountability
Being responsible for decisions and resources, listening to affected people, and accepting consequences for actions taken.
Crisis protection gap
The difference between expected crisis costs and funding already arranged to cover them.
Disaster risk finance diagnostic
An analytical assessment of a country’s disaster risk profile.
Vulnerability
Conditions that increase how severely people or communities are affected by hazards.
