Glossary

Vulnerability

The conditions determined by physical, social, economic and environmental factors or processes that increase the susceptibility of a community to the impact of hazards (UNISDR 2016).

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This guidance note is intended as a common framework to support practical approaches to meaningful accountability across the sector.

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This guidance note sets out some questions to help ensure that DRF is most directed to those who are least able to withstand shocks.

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This publication explains the importance of thinking strategically and sets out four principles for taking a strategic approach, with practical advice and resources.

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The growing scale, duration and impact of refugee crises requires innovative approaches to financing.

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This paper examines the role insurance can play as part of a wider strategy to help societies adapt to climate change and recover from disasters.

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This paper sets out detailed and practical proposals for how the G7 could better protect vulnerable communities by better predicting and preparing for disasters.

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other key terms

Risk transfer

When disaster risk is shifted to insurers or capital markets.

Other official flows (OOF)

Public funding supporting development that does not meet official aid definitions.

Accountability

Being responsible for decisions and resources, listening to affected people, and accepting consequences for actions taken.

Preparedness

Skills, systems and resources developed to respond effectively to likely future crises.

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.

Prevention

Actions taken to avoid or reduce the impacts of future crises and hazards.