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)
Crisis financing
Funding designed to prevent, prepare for and respond to crises before and after they occur.
Covariate shocks
Shocks affecting many households at once where losses are shared across the same community.
International premium support
Premium support is international funding to pay for insurance premiums.
Risk layering
Using different financial instruments for different disaster frequencies.
Development bank
A public financial institution providing loans, grants and expertise to support development goals.
Pre-arranged financing
Financing approved before crises that is released automatically when agreed triggers are met.
