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

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.

Following the OECD Development Assistance Committee High Level Meeting, Eurodad laments that delegates failed to show the solidarity that is needed to stay on track to reach the sustainable development goals.

• New research shows five of world’s largest DFIs – including the World Bank IFC – have directed just 2% of investments to companies based in low income countries
• CSOs call for a rethink during virtual Finance in Common (FIC) summit next week, where 400 public development banks, including DFIs, will discuss their role in the Covid-19 recovery effort

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.