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 morePre-arranged financing
Financing approved before crises that is released automatically when agreed triggers are met.
Total crisis financing
Development funding focused mainly on crisis prevention, preparedness and response activities.
Contingent liabilities
Possible financial obligations that only become real if specific future events occur.
Risk retention
When governments retain and finance disaster costs themselves.
Preparedness
Skills, systems and resources developed to respond effectively to likely future crises.
Parametric insurance
Insurance that pays when an agreed indicator reaches a set level, not actual losses.
