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 morePreparedness
Skills, systems and resources developed to respond effectively to likely future crises.
Contingent loan (or credit) and grants
A pre approved loan or grant released automatically when agreed crisis conditions or triggers are met.
Disaster
A severe event causing widespread harm that exceeds a community’s ability to cope alone.
International premium support
Premium support is international funding to pay for insurance premiums.
Official development assistance (ODA)
Public aid supporting development and welfare in eligible countries, usually on concessional terms.
Sovereign insurance
Sovereign insurance is insurance coverage purchased by a national government to protect its budget against the financial impacts of disasters.
