Development Finance

Maria Jose Romero

Bretton Woods Institutions at 80: What should the future look like?

On the eightieth anniversary of the World Bank and the International Monetary Fund, it is time for a change of course. In this blog, our experts on the Bretton Woods Institutions explain why the world is in urgent need of more responsive, democratic, accountable and development-orientated. global economic governance. 

  • Development Finance
  • IFIs
Matthew Simonds

Is this what aid was meant to be?: A critical analysis of Official Development Assistance in 2023

Aid data from 2023 has called into question the direction in which Official Development Assistance (ODA) is headed. More worryingly still, some rich countries have already announced budget cuts for 2024. This report provides a basis for discussion and debate at a time when the value of ODA is more relevant than ever.

  • Development Finance
  • Aid Quality
Eurodad

CSOs call on Banga to shut down the World Bank's Private Sector Investment Lab

Twenty-six civil society organsations have signed an open letter to Ajay Banga, the new president of the World Bank.

  • Development Finance
  • IFIs

Who will the EU be in the world of tomorrow?

The mid-term review of the long-term budget sends a damaging message to Europe's partners. This is the warning from more than 50 civil society organisations, in a joint statement calling on the European Union to bolster investment in international partnerships and prioritise cooperation on global challenges.

  • Development Finance
Eurodad
Eurodad

Inflated and distorted: preliminary 2023 aid figures show failure to address global challenges

Following the release of the preliminary statistics covering Official Development Assistance in 2023, the DAC Civil Society Reference Group expresses major concerns about the underlying trends reflected in the figures, and calls for a serious conversation about establishing a more inclusive and representative governance of ODA.

  • Development Finance
  • Aid Quantity
Matthew Simonds

Poorest countries continue to lose out as wealthy donors pocket their own aid, according to latest OECD data

  • New figures published today by the OECD show that hosting refugees in donor countries accounts for more than US$31 billion (equivalent to 13.8 per cent of total ODA)
  • Despite a small rise in ODA across all wealthy countries in 2023, in the EU aid fell by a shocking 7.7 per cent, with only a few members reporting increases
  • Development Finance
  • Aid Quantity

Join Eurodad and partners at the CSPF and WBG/IMF Spring Meetings 2024

We will be joining CSO partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Spring Meetings from April 15 to 20. Below are some of the events we are taking part in or sponsoring.

  • Development Finance
Matthew Simonds

Exposing Tied Aid: Preventing donor countries from getting rich on their own aid

The OECD Development Assistance Committee (ODA) is conducting a review of its Recommendation on Untying ODA (Official Development Assistance, or aid). In this blog, our aid expert examines how wealthy countries are continuing to profit from both formal and informal tied aid. With one week to go until the publication of preliminary data from the OECD DAC outlining the ODA distributed by donor countries in 2023, this article shines a light on one of the practices that continues to call into question the integrity of aid. It also outlines five issues that must be addressed.

  • Development Finance
  • Aid Quality

CSOs open letter on the EIB Global Strategic Roadmap

Ten CSOs, including Eurodad, have sent an open letter to Nadia Calviño, the European Investment Bank's President, to offer several recommendations on the EIB Global Strategic Roadmap.

  • Development Finance