A new analysis of how Development Finance Institutions are responding to the Covid-19 crisis suggests they are unable to foster inclusive and sustainable businesses and spur a much needed transition to low-carbon economies.

This submission represents the views of a group of 25 civil society organisations (CSOs) from the global south and the global north.

Debt relief should not be reported as ODA. In the coming weeks, DAC members need to decide what is most important to them: allowing ODA double counting and inflation to create incentives to reward debt relief or upholding the credibility, integrity and solid reputation of DAC statistics.

The rules on how debt relief should be counted as Official Development Assistance are currently being negotiated by the Organisation for Economic Co-operation and Development (OECD) Development Assistance Committee (DAC) – under the auspices of its Chair Susanna Moorehead – and the Paris Club, which is an informal group of creditor governments. 

By Polly Meeks, Senior Policy and Advocacy Officer at Eurodad, Julie Seghers, Advocacy Advisor at Oxfam and Jiten Yumnam, Secretary General at the Centre for Research and Advocacy Manipur 

A new report concludes that rich countries are still awarding more than half of their development aid procurement spending to companies from their own countries.

Unleashing the catalytic power of Official Development Assistance through renewed action on untying.

In 2015 alone, donor governments around the world spent an estimated US$ 55 billion – or more than 44 per cent of Real Official Development Assistance (ODA) – on the procurement of goods and services. 

Eurodad welcomes the Organisation for Economic Cooperation and Development’s (OECD’s) actions to open up debate on blended finance and the water sector.