#dropitnow #CovidVaccines #Covid19 #IFI #IMF #inequality #EurodadConference

Last week, the OECD’s Development Assistance Committee (DAC) failed to agree on a plan to report the donation of excess Covid-19 vaccine doses as aid. Yet, donors willing to report their excess vaccine donations will still be able to do so as in-kind donations, despite the lack of agreement.

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.

This report is also available in French and Spanish

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. 

This report is also available in Spanish and French

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. 

Download the full report