• New figures published today by the OECD show that hosting refugees in donor countries accounts for more than US$31 billion (equivalent to 13.8 per cent of total ODA)
• Despite a small rise in ODA across all wealthy countries in 2023, in the EU aid fell by a shocking 7.7 per cent, with only a few members reporting increases

On the eightieth anniversary of the World Bank and the International Monetary Fund, it is time for a change of course. In this blog, our experts on the Bretton Woods Institutions explain why the world is in urgent need of more responsive, democratic, accountable and development-orientated. global economic governance. 

The OECD Development Assistance Committee (ODA) is conducting a review of its Recommendation on Untying ODA (Official Development Assistance, or aid). In this blog, our aid expert examines how wealthy countries are continuing to profit from both formal and informal tied aid. With one week to go until the publication of preliminary data from the OECD DAC outlining the ODA distributed by donor countries in 2023, this article shines a light on one of the practices that continues to call into question the integrity of aid. It also outlines five issues that must be addressed.

Blended finance took centre stage at COP28, with the Green Climate Fund among its supporters. But there are still major problems with the concept that must be addressed before considering any further expansion.

Read the full opinion piece on Climate Home News.