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)
Risk layering
Using different financial instruments for different disaster frequencies.
Disaster risk finance diagnostic
An analytical assessment of a country’s disaster risk profile.
Ex ante
Actions, decisions or financial arrangements made before a disaster or crisis occurs.
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.
Covariate shocks
Shocks affecting many households at once where losses are shared across the same community.
