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).
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Preparedness
Skills, systems and resources developed to respond effectively to likely future crises.
Climate resilient debt clause or 'debt pause clause'
A provision in sovereign debt contracts that enables the borrower to temporarily stop repaying debt service for a pre-agreed period when a predefined event occurs.
Crisis protection gap
The difference between expected crisis costs and funding already arranged to cover them.
Early warning system
Systems that monitor hazards and share information early, so people can act in time.
Fragility
High exposure to risk combined with weak capacity to cope, often leading to crisis.
Risk retention
When governments retain and finance disaster costs themselves.
