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).

Brief

Opportunity Cost Of Covid-19 Budget Reallocations: Ethiopia

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

Guidance Note

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

Paper

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

Working Paper

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

Guidance Note

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.

Guidance Note

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

Report

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

other key terms

Insurance that pays based on assessed losses after damage to a specific asset.

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

Actions taken to avoid or reduce the impacts of future crises and hazards.

When disaster risk is shifted to insurers or capital markets.

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

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