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 loan (or credit) and grants

A pre approved loan or grant released automatically when agreed crisis conditions or triggers are met.

Crisis protection gap

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

Index

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

International development financing

Public funding flows supporting development objectives in lower income countries.

Hazard

A natural or human process that can cause injury, damage or disruption.

Financial Flows

Financial flows refer to the movement of funds for disaster risk reduction (DRR) and response, covering planned and unplanned sources.