Glossary

Sustainable development

Development that meets the needs of the present without compromising the ability of future generations to meet their own needs (UN 1987).

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This brief forms part of a cross-country study on the opportunity cost of reallocating budgets in response to disasters.

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This guidance document offers practical steps on how to capture lessons from DRF initiatives.

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We explore the key issues in developing a methodology for calculating pre-arranged funding.

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This research has highlighted the flaws in the current system which is not always able to support response where need is greatest.

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It is well known that in the event of a disaster, the speed of response is key, this report examines the options that may be available.

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This guidance note sets out practical ways to ensure quality, independent scrutiny and improved learning in your DRF initiatives.

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This synthesis report examines the role that insurance can play in supporting sustainable development and growth

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other key terms

Contingent liabilities

Possible financial obligations that only become real if specific future events occur.

Development insurer

An insurer supporting development goals through insurance products and technical assistance.

Disaster risk finance diagnostic

An analytical assessment of a country’s disaster risk profile.

Other official flows (OOF)

Public funding supporting development that does not meet official aid definitions.

Total crisis financing

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

Fragility

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