Emergency Aid is Broken: Using Insurance to Make Disasters Dull

7/19/16
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Millions of people live with the risk of rapid-onset disasters like cyclones, slow-onset disasters like drought, or the threat of conflict. We often wait for these crises to develop to collect money from donors, a delay that costs lives and dramatically raises the costs of responding. As a result, there was an $8 billion gap between what frontline agencies requested to tackle crises last year and what they received.