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  2. Global strategies
  3. Compensating for losses

Compensating for losses

Description

Compensating for losses involves providing restitution, support, or resources to individuals, groups, or systems that have suffered harm, damage, or deprivation. This strategy aims to restore balance, mitigate negative impacts, and enable recovery by addressing specific deficits—whether financial, material, social, or environmental. Practical actions include financial compensation, resource allocation, rehabilitation programs, and policy interventions, all designed to remedy losses and facilitate the return to pre-loss conditions or improved resilience.This information has been generated by artificial intelligence.

Broader

Providing compensation
Yet to rate

Value

Loss
Yet to rate

SDG

Sustainable Development Goal #16: Peace and Justice Strong Institutions

Metadata

Database
Global strategies
Type
(C) Cross-sectoral strategies
Subject
  • Commerce » Finance
    • Content quality
    Yet to rate
     Yet to rate
    Language
    English
    1A4N
    W6910
    DOCID
    13369100
    D7NID
    223443
    Editing link
    Official link
    https://encyclopedia.uia.org/strategy/compensating-losses
    Last update
    Aug 3, 2021