Sahel

The difference between expected crisis costs and funding already arranged to cover them.

High exposure to risk combined with weak capacity to cope, often leading to crisis.

A severe event causing widespread harm that exceeds a community’s ability to cope alone.

Development funding focused mainly on crisis prevention, preparedness and response activities.

Social protection systems that adjust to shocks, helping vulnerable people prepare, cope and recover over time.

The cost multiple measures the average amount a government pays to receive USD 1 of payout from a financing instrument over its lifetime.