Risk management and financing

The resilience concept can be viewed as an adapted approach to risk management in development programming. This resource looks at two key themes: risk assessment and disaster risk financing, through bite-size chunks of information and signposts to other material. It will help to answer questions such as:

• What are multi-hazard risk assessments and how do they differ from traditional risk management approaches?
• What tools and data sources are available to help practitioners to assess risk?
• What do early warning systems look like and how effective are they?
• What are the benefits of adaptive programming and flexible programme financing?
• How can we build a pre-emptive strategy to cover the costs of disasters – what are the risk financing options at different levels, from individual to state?
• What lessons have been learnt from using insurance on programmes?
• What are the challenges associated with risk financing?

This publication is meant for readers who are not familiar with risk management and financing in the context of resilience work or who want a quick refresh in these areas. It is part of a series of inter-related resources synthesising knowledge on Resilience.