Development partners adopted a “get it done” attitude in response to Covid-19. Countries and philanthropies mobilised USD 126 billion, with major vaccine support going to the least developed countries and Africa. But a new OECD report shows that these efforts didn’t reach all their goals. What lessons should partners draw from this crisis to improve preparedness for the next one? Continue reading What we learned from COVID-19
By Carsten Staur, Chair of the OECD Development Assistance Committee
The OECD Development Assistance Committee (DAC) has defined a set of criteria for including countries on its list of Official Development Assistance (ODA) recipients and, similarly, for them to graduate from the list, primarily because their economic growth has made them high income countries.
Le récent sommet de Paris pour un Nouveau Pacte Financier Mondial a tourné une page de la coopération pour le développement écrite en 1944 à Bretton Woods. Créés alors, la Banque internationale pour la reconstruction et le développement (BIRD) et le Fonds monétaire international (FMI) avaient un champ d’action limité pour un monde qui comptait moins d’une centaine de pays indépendants. Les priorités étaient la reconstruction de l’Europe et l’équilibre des balances de paiements, comme en témoigne le prêt pionnier de la BIRD à la France. Depuis, le monde a considérablement évolué, avec plus de 150 pays aspirant au statut de pays à revenu élevé, plus de 650 millions de personnes en situation d’extrême pauvreté, et des défis urgents liés au changement climatique et à la perte de biodiversité.
By María del Pilar Garrido Gonzalo, Director, Development Co-operation directorate, OECD
The recent Paris Summit for a New Global Financing Pact turned a page of the development co-operation history that was written in Bretton Woods in 1944. Back then, the International Bank for Reconstruction and Development (IBRD) and the International Monetary Fund (IMF) were founded with a limited scope, catering to a world of fewer than a hundred independent countries. The focus was on Europe’s reconstruction and balance of payments, illustrated by France’s pioneering IBRD loan. However, the landscape has drastically changed, with over 150 countries striving for high-income status, more than 650 million people in extreme poverty, and urgent challenges stemming from climate change and biodiversity loss.
Par Carsten Staur, Président du Comité d’aide au développement (CAD)
Pourquoi certains membres du CAD déclarent-ils une partie du coût de l’accueil des réfugiés dans leur propre pays comme aide publique au développement (APD) ? C’est une bonne question. Voici la réponse.
By Carsten Staur, Development Assistance Committee (DAC) Chair
Why are DAC members reporting part of refugee costs in their own countries as Official Development Assistance (ODA)? A good question. Here’s the answer:
By Haje Schütte, Senior Counsellor and Head, Financing for Sustainable Development Division, Development Co-operation Directorate, OECD
When scientists announced the discovery of a Covid-19 vaccine, the world sighed with relief. But soon after, many people around the globe discovered that others would get access to jabs faster than them. The sad term ‘vaccine inequality’ was coined. Only 6% of people are fully vaccinated in low-income countries today. In a bid to fill the gaps and curb the pandemic, there were calls for high-income countries to share and donate vaccine doses to developing countries, in particular through the COVAX Facility – the multilateral mechanism for providing developing countries with vaccines.
By Susanna Moorehead, Chair of the OECD’s Development Assistance Committee (DAC)
The DAC’s 60th anniversary is a good moment to pause and take stock with some honest self-reflection. Like any 60 year old, the DAC has grown up, changed a great deal, at times become a bit set in its ways, but it has also learnt to adapt, flex, respond to shocks, be less risk averse and better able to meet new challenges, incorporate new members and work with others.
By Philippos Pierros, EU Delegation Minister-Counsellor, & Elliott Memmi, Freelance Research Analyst
The Chinese Xiaomi Highway bridge, between Lao’s border town Boten, and Mengla, Yunnan, China. Photo: Shutterstock
At the April 2019 Belt and Road Initiative (BRI) conference in Beijing, a new life seemed to have been given to the Belt and Road project. After 2018, marked by increased foreign criticism, suspicion, and a subsequent reigning in of ambition by China, 2019 saw a renewed confidence — with President Xi Jinping himself stepping in to address the risks of unsustainable debt and corruption and promising a more “open, green, and clean” development co-operation model. In July, China endorsed the G20 Principles for Quality Infrastructure Investment. And the China International Development Co-operation Agency (CIDCA) was promoted as the new government organ that would unify the tangled web of Chinese development actors. 2019 saw a sudden surge in new BRI agreements. Continue reading “Which path for the Development Assistance Committee down the Belt and Road?”