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The OECD DAC’s proposed aid rules: a worse crunch still to come?

Polly Meeks

17 Jul 2017 13:18:05

Three months ago, we blogged that it could be crunch time for the Organisation for Economic Cooperation and Development Development Assistance Committee (OECD DAC)’s rules on aid. These are the rules that decide how much ‘aid credit’ donors have earned, and hence how they measure up against the UN target that aid should account for at least 0.7% of national income.  When we posted that blog, DAC members had been given a deadline of 26 April to decide on the new rules, which would allow them to report more support for private sector actors in Southern countries as Official Development Assistance (ODA). We were concerned that the DAC was rushing into far-reaching changes, without having built in basic safeguards to protect the core purpose of ODA – poverty reduction. So where do ...

Crunch time for the OECD’s new aid rules?

Polly Meeks

25 Apr 2017 10:12:03

Blink and you might miss it: but a seemingly low-key meeting of the Organisation for Economic Cooperation and Development (OECD) Development Assistance Committee (DAC) officials this week could signal one of the biggest changes in decades to the way that donors think about aid.  That’s because tomorrow’s meeting [April 26] could be decision time on the rules governing ‘private sector instruments’ (PSIs). The proposed rule changes would allow donors to count more of their investment in, and other support to, private sector companies as aid, if those companies are doing business in developing countries, and if certain conditions are met.  Civil society, from both North and South, has been warning of risks in these proposed changes for months. To be clear: our concerns aren’t ...
The ongoing discussion at the OECD DAC on whether the ODA concept should be modernised provides an opportunity to refine existing rules and ensure that they are fully focused on supporting the achievement of developmental goals. The current ambiguity ...

New World Bank procurement policy framework is promising but the devil will be in the detail

Jeroen Kwakkenbos

13 Feb 2014 14:25:15

World Bank clients spend several trillion dollars annually on procuring goods or services on behalf of public authorities, of which the Bank finances less than 1 per cent. Despite this it has a large amount of influence on its clients’ public procurement policies, particularly in the poorest countries. Public procurement is an area of spending that is directly under public control and makes up 15-20 per cent of global GDP. In the past, governments have been discouraged from incorporating social and environmental criteria in their procurement policies in favour of a “lowest cost” approach. But all of this could change, as the World Bank is currently undergoing a review of its procurement policies and has developed a new framework for investment project finance that has been approved ...

Concessional loans: Continuing the discussion on ODA reform

Jeroen Kwakkenbos

29 Jan 2014 16:24:03

The numerous reactions to our latest report on concessionality confirm that we indeed addressed “A matter of high interest”. One of those reactions came in the form of a guest blog for our website, a response by the OECD DAC staff to our report. This was the first time that the DAC staff commented through Eurodad’s media. The guest blog explains the mandate and process related to ODA reform from their perspective and refers to the relevant proposals to measure the broader ‘total official support for development’ that are currently on the table. It also notes that the deliberations are ongoing and that they are open to external scrutiny. We would like to see greater involvement of partner countries and civil society organisations and we are pleased to continue the debate. A mixed ...

The OECD DAC responds to Eurodad’s new report on concessional lending


28 Jan 2014 11:01:55

Following the publication of our report, A matter of high interest: Assessing how loans are reported as development aid, the OECD’s Development Assistance Committee (DAC) has responded with the following blog, written by Mr Jean Touchette, Senior Policy Analyst responsible for coordinating work on official development finance. Your report, A Matter of High Interest, and your blog post are an excellent summary of the issues and ongoing work on a very important area in the development debate. ODA has proven to be a resilient and relatively constant measure that has stood the test of time as a measure of effort towards development. Thus, great care must be taken when considering changing it. The DAC members are well aware of many of the criticisms of ODA and the DAC Secretariat has published ...

European governments fail to fulfil development promises as aid is increasingly delivered as profit-making loans

Developing countries face interest repayments of almost 600 million Euros a year, of which 90 per cent came from EU institutions, France and GermanyEurodad report calls for urgent review to end lax reporting criteria which could inflate aid by more than 50 billion eurosThe EU and some of its largest member states are increasingly reporting profit-making loans as aid. A new report by the European Network on Debt and Development (Eurodad) shows how countries such as France and Germany, and multilateral ...