Sahel

Using different financial instruments for different disaster frequencies.

Actions taken before a crisis hits to prevent or reduce potential disaster impacts prior to a shock or before acute impacts are felt.

A measurable indicator used to estimate losses and trigger financial payouts.

Funding designed to prevent, prepare for and respond to crises before and after they occur.

The likelihood of harm or loss from crises shaped by hazards, exposure, vulnerability and capacity.

The gap between measured indicators and real losses causing payouts to differ from actual damage.