Official development assistance (ODA)
Often understood as ‘aid’. The official definition is: “Resource flows to countries and territories on the DAC List of ODA Recipients (developing countries) and to multilateral agencies which are: (a) undertaken by the official sector; (b) with promotion of economic development and welfare as the main objective; (c) at concessional financial terms. In addition to financial flows, technical co-operation is included in aid. Grants, loans and credits for military purposes and transactions that have primarily commercial objectives are excluded. Transfer payments to private individuals (e.g. pensions, reparations or insurance payouts) are in general not counted.” (OECD n.d.).
This study analysed international financial flows to nine countries for the 18 months after recent crises to understand funding timelines and other features.
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We explore the key issues in developing a methodology for calculating pre-arranged funding.
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This paper argues that civil society organisations play a vital role in ensuring that crisis financing approaches are designed and delivered effectively.
Read moreCovariate shocks
Shocks affecting many households at once where losses are shared across the same community.
Early warning system
Systems that monitor hazards and share information early, so people can act in time.
International development financing
Public funding flows supporting development objectives in lower income countries.
Financial Flows
Financial flows refer to the movement of funds for disaster risk reduction (DRR) and response, covering planned and unplanned sources.
Basis risk
The gap between measured indicators and real losses causing payouts to differ from actual damage.
Total crisis financing
Development funding focused mainly on crisis prevention, preparedness and response activities.
