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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 ...

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 ...