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)
Financial Flows
Financial flows refer to the movement of funds for disaster risk reduction (DRR) and response, covering planned and unplanned sources.
Catastrophe bond
A catastrophe bond (cat bond) is a risk-transfer financial instrument that allows governments or insurers to transfer disaster risk to capital market investors.
Risk profile
Underlying risks that an organisation or country is exposed to and the extent to which they are mitigated by pre-arranged finance.
Risk retention
When governments retain and finance disaster costs themselves.
Vulnerability
Conditions that increase how severely people or communities are affected by hazards.
Total crisis financing
Development funding focused mainly on crisis prevention, preparedness and response activities.
