Trigger
A trigger is a predefined threshold of an index underlying a risk finance mechanism which, if exceeded, prompts a payout. A trigger may also leave an element of discretion to a designated party about whether or not to launch a response activity (Centre for Disaster Protection).
A practical note on Debt Pause Clauses, the first of a series of documents designed to help governments and practitioners understand and compare financial instruments.
Read moreThis policy brief examines the first real-world use of debt pause clauses - contractual mechanisms that allow sovereign borrowers to temporarily defer debt payments in the wake of a disaster.
Read moreThis report offers lessons on the process of developing the trigger for the Malawi AA Framework and captures lessons on how AA pilots are being designed and implemented in real time.
Read moreAlongside the Airbel Research and Innovation Lab we provide key lessons for how effective crisis response can be financed and triggered
Read morePractical guidance on contingency planning a before a disaster strikes to support a faster, more coordinated, and ultimately, more effective response.
Read moreThis publication explains the importance of thinking strategically and sets out four principles for taking a strategic approach, with practical advice and resources.
Read moreThis paper summarises the different shocks created by the global Covid-19 crisis.
Read moreThis paper proposes an innovative approach to financing contingent liabilities using IDA.
Read morePre-arranged financing
Financing approved before crises that is released automatically when agreed triggers are met.
Crisis financing
Funding designed to prevent, prepare for and respond to crises before and after they occur.
Covariate shocks
Shocks affecting many households at once where losses are shared across the same community.
Attachment point
The loss level above which a reinsurer begins paying under a reinsurance agreement.
Hazard
A natural or human process that can cause injury, damage or disruption.
Preparedness
Skills, systems and resources developed to respond effectively to likely future crises.







