Other official flows (OOF)
'Aid-like' flows from official donors to developing countries, which do not meet the strict definition of ODA, but which contribute at least in part to development. The official definition is: “Transactions by the official sector with countries on the DAC List of ODA Recipients which do not meet the conditions for eligibility as Official Development Assistance, either because they are not primarily aimed at development, or because they have a grant element of less than 25 per cent." (OECD 2023)
Cost multiple
The cost multiple measures the average amount a government pays to receive USD 1 of payout from a financing instrument over its lifetime.
Contingent liabilities
Possible financial obligations that only become real if specific future events occur.
Hazard
A natural or human process that can cause injury, damage or disruption.
Contingent loan (or credit) and grants
A pre approved loan released automatically when agreed crisis conditions or triggers are met.
Disaster risk financing
Financial arrangements made in advance to pay for disaster prevention, response and recovery.
International development financing
Public funding flows supporting development objectives in lower income countries.
