Being Timely: Creating Good Triggers And Plans In Disaster Risk Financing
This guidance note offers practical guidance on contingency planning and triggers for preparing before a disaster strikes to support a faster, more coordinated, and ultimately, more effective response.
Key Findings
Key Terms Used In This Report
A predefined threshold that activates payments or actions within risk financing mechanisms.
Financial arrangements made in advance to pay for disaster prevention, response and recovery.
Systems that monitor hazards and share information early, so people can act in time.
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