Glossary

Sahel

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other key terms

International crisis financing system

The network of global organisations funding crisis prevention, preparedness and response.

Development bank

A public financial institution providing loans, grants and expertise to support development goals.

Attachment point

The loss level above which a reinsurer begins paying under a reinsurance agreement.

Trigger

A predefined threshold that activates payments or actions within risk financing mechanisms.

Total crisis financing

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

Risk layering

Using different financial instruments for different disaster frequencies.