The OECD’s Development Assistance Committee (DAC) has failed to agree on a plan on how to report the donation of excess Covid-19 vaccine doses as aid, following months of wrangling. This is a bitter-sweet victory for CSOs, as donors willing to report these excess vaccine donations will still be able to do so as in-kind donations, despite the lack of agreement.
This press release was updated on 15 February following a formal announcement by the OECD.
An open letter to the OECD by Eurodad and other civil society organisations on the latest proposal for valuation of donations of excess Covid-19 vaccine doses to developing countries in ODA.
The proposed increase in the International Development Association's much criticised private sector window ignores civil society's concerns that it lacks adequate safeguards and reporting mechanisms to ensure that this is the best use of IDA resources. In this blog, we set out the case for redirecting these resources towards public investment
#COP26 #PolicyForum2021 #CBCR #TaxJustice #Covid19
It is more crucial than ever that scarce aid resources are directed where they have most impact. And yet, new Eurodad research on tied aid finds that more than one in every five dollars of bilateral and EU aid was reported as tied in 2018.
Shared principles and safeguards are urgently needed to prevent ODA budgets being artificially inflated by vaccine donations and to avoid unduly applauding donors for a behaviour that created and exacerbated a situation of vaccine inequality in the first place.
In its use of Development Policy Financing in its Covid-19 response so far, the World Bank has lost the opportunity to break with the past and play a truly progressive and transformative role in helping countries rebuild their economies.
The use of private sector instruments (PSI) has raised many questions regarding its ability to reach those most in need. Through this blog, we provide an overview of the findings of a new Eurodad report analysing the latest PSI data.
Official development assistance (ODA) plays a fundamental role in an increasingly complex development finance landscape. However, ODA levels have been stagnating in recent years and a new narrative placing ‘the private sector’ at the heart of resource mobilisation efforts has emerged. This report brings together and analyses all agreements and commitments made to date by DAC members on the topic of ODA and private sector instruments, their implications and the main issues at stake.
Read the report in English, French and Portuguese.
The body in charge of maintaining and improving the quality, comparability and relevance of DAC statistics on development cooperation will meet informally this week. Civil society is calling for greater transparency when it comes to reporting debt relief as ODA.