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 moreFragility
High exposure to risk combined with weak capacity to cope, often leading to crisis.
Resilience
The ability to withstand shocks, adapt, recover and continue functioning over time.
Cost multiple
The cost multiple measures the average amount a government pays to receive USD 1 of payout from a financing instrument over its lifetime.
Pre-arranged financing
Financing approved before crises that is released automatically when agreed triggers are met.
Sustainable development
Meeting today’s needs without limiting future generations’ ability to meet theirs.
Official development assistance (ODA)
Public aid supporting development and welfare in eligible countries, usually on concessional terms.







