Glossary

DFI
A Development Finance Institution (DFI) is a financial entity specialized in funding development projects through various mechanisms, including blended finance.
FDI
A foreign direct investment (FDI) is an investment in the form of ownership position in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control.
Grant
Transfers of money, goods or services which do not require repayment.
Loan
Transfers of money, goods or services which require repayment.
Tied Aid
Official grants or loans where procurement of the goods or services involved is limited to the donor country or to a group of countries which does not include substantially all aid recipient countries. (OECD)
Untied Aid
Official Development Assistance for which the associated goods and services may be fully and freely procured in substantially all countries
ODA
Resource flows to countries and territories on the DAC List of ODA Recipients (developing countries) and to multilateral agencies which are: (a) undertaken by the official sector; (b) with promotion of economic development and welfare as the main objective; (c) at concessional financial terms. In addition to financial flows, technical co-operation is included in aid. Grants, loans and credits for military purposes and transactions that have primarily commercial objectives are excluded. Transfer payments to private individuals (e.g. pensions, reparations or insurance payouts) are in general not counted. (OECD)
Private Flow
Consist of flows at market terms financed out of private sector resources and private grants.
TOSSD
Total Official Support for Sustainable Development (TOSSD), a new statistical metric currently being developed, is intended to provide a comprehensive picture of global official and officially supported resource flows to promote and support sustainable development in developing countries.
PPP
A public-private partnership is a cooperative arrangement between one or more public entities and one or more private entities for the purpose of providing a public good.
Blended finance
Blended finance is the pooling of public and private financial assets so as to incentivize investment.
Equity
Equity is ownership of assets that may have debts or other liabilities attached to them. Equity is measured for accounting purposes by subtracting liabilities from the value of an asset.
PROPARCO
The private sector development arm of AFD, the French development agency.
JICA
Japan International Cooperation Agency.
CDC
The British development finance institution (formerly the Colonial/Commonwealth Development Corporation).
CDB
China Development Bank, a People's Republic of China development bank,
DEG
Deutsche Investitions- und Entwicklungsgesellschaft, a subsidiary of KfW focused on developing countries.
FMO
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V., translated into English as Entrepreneurial Development Bank, is the Dutch DFI.
KfW
Kreditanstalt für Wiederaufbau is the German national development bank.