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 morePrevention
Actions taken to avoid or reduce the impacts of future crises and hazards.
Other official flows (OOF)
Public funding supporting development that does not meet official aid definitions.
Indemnity insurance
Insurance that pays based on assessed losses after damage to a specific asset.
Total crisis financing
Development funding focused mainly on crisis prevention, preparedness and response activities.
Disaster
A severe event causing widespread harm that exceeds a community’s ability to cope alone.
Resilience
The ability to withstand shocks, adapt, recover and continue functioning over time.
