Glossary
Total crisis financing
A sub-set of international development financing, which includes activities and flows to organisations whose primary purpose is to deliver prevention, preparedness and response to crises (Centre for Disaster Protection).
Learn more
.webp)
other key terms
Parametric insurance
Insurance that pays when an agreed indicator reaches a set level, not actual losses.
Hazard
A natural or human process that can cause injury, damage or disruption.
Fragility
High exposure to risk combined with weak capacity to cope, often leading to crisis.
Disaster risk financing
Financial arrangements made in advance to pay for disaster prevention, response and recovery.
Basis risk
The gap between measured indicators and real losses causing payouts to differ from actual damage.
International crisis financing system
The network of global organisations funding crisis prevention, preparedness and response.
