Definitions of the various types of development finance are provided below.
Official Development Assistance (ODA):
- Provided by official agencies
- Concessional in terms (>= 25% grant element)1
- Promotes the economic development and welfare of the recipient country
Other Official Flows (OOF):
- Provided by official agencies
- Non-concessional in terms (< 25% grant element)
- Targeted at commercial and representational gains
Vague:
- Projects that are officially financed, but lack the necessary information to determine whether it is ODA or OOF.
Source: AidData