Risk transfer
When disaster risk is shifted to insurers or capital markets.
This report shows how IDA could line up more money before disasters hit, reach more countries, and keep the cost down - and what IDA 22 can decide to get there.
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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 moreAttachment point
The loss level above which a reinsurer begins paying under a reinsurance agreement.
Climate resilient debt clause or 'debt pause clause'
A provision in sovereign debt contracts that enables the borrower to temporarily stop repaying debt service for a pre-agreed period when a predefined event occurs.
Vulnerability
Conditions that increase how severely people or communities are affected by hazards.
Index
A measurable indicator used to estimate losses and trigger financial payouts.
Development bank
A public financial institution providing loans, grants and expertise to support development goals.
Development insurer
An insurer supporting development goals through insurance products and technical assistance.
