Risk transfer
When disaster risk is shifted to insurers or capital markets.
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 moreSovereign insurance
Sovereign insurance is insurance coverage purchased by a national government to protect its budget against the financial impacts of disasters.
Prevention
Actions taken to avoid or reduce the impacts of future crises and hazards.
Development bank
A public financial institution providing loans, grants and expertise to support development goals.
Adaptive social protection
Social protection systems that adjust to shocks, helping vulnerable people prepare, cope and recover over time.
Accountability
Being responsible for decisions and resources, listening to affected people, and accepting consequences for actions taken.
Development insurer
An insurer supporting development goals through insurance products and technical assistance.
