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

Crisis risk

The likelihood of harm or loss from crises shaped by hazards, exposure, vulnerability and capacity.

Shock-responsive social protection

Social protection systems adapted to scale quickly when large shocks affect many people.

Disaster

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

Official development assistance (ODA)

Public aid supporting development and welfare in eligible countries, usually on concessional terms.

Disaster risk management

Policies and actions to reduce disaster risks, manage impacts and strengthen resilience.

Parametric insurance

Insurance that pays when an agreed indicator reaches a set level, not actual losses.