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).
This guidance note is intended as a common framework to support practical approaches to meaningful accountability across the sector.
Read moreThis guidance note sets out some questions to help ensure that DRF is most directed to those who are least able to withstand shocks.
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 moreThe growing scale, duration and impact of refugee crises requires innovative approaches to financing.
Read moreThis paper examines the role insurance can play as part of a wider strategy to help societies adapt to climate change and recover from disasters.
Read moreThis paper sets out detailed and practical proposals for how the G7 could better protect vulnerable communities by better predicting and preparing for disasters.
Read moreIndex
A measurable indicator used to estimate losses and trigger financial payouts.
Trigger
A predefined threshold that activates payments or actions within risk financing mechanisms.
Catastrophe bond
A catastrophe bond (cat bond) is a risk-transfer financial instrument that allows governments or insurers to transfer disaster risk to capital market investors.
Parametric insurance
Insurance that pays when an agreed indicator reaches a set level, not actual losses.
Ex ante
Actions, decisions or financial arrangements made before a disaster or crisis occurs.
Indemnity insurance
Insurance that pays based on assessed losses after damage to a specific asset.





