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)
Contingent liabilities
Possible financial obligations that only become real if specific future events occur.
Fragility
High exposure to risk combined with weak capacity to cope, often leading to crisis.
Total crisis financing
Development funding focused mainly on crisis prevention, preparedness and response activities.
Disaster risk finance diagnostic
An analytical assessment of a country’s disaster risk profile.
Trigger
A predefined threshold that activates payments or actions within risk financing mechanisms.
Risk retention
When governments retain and finance disaster costs themselves.
