• Despite a slight increase in overall ODA (1.6 per cent in real terms), today’s aid figures show less than a quarter goes to the world’s poorest.
• The governance of development cooperation urgently needs to be reformed at the Fourth International Conference on Financing for Development in June.

A selection of key publications published by Eurodad and other CSOs in 2024.

This week civil society is participating in the Second Preparatory Committee Session for the fourth UN Financing for Development Conference, taking place from 3 to 6 December at the United Nations Headquarters in New York.

This report is the first comprehensive civil society analysis of guarantees in development and climate finance, a still largely unexplored area.

Join Eurodad for two webinars that will take a close look at the relationship between private finance and aid.

Register here

Ahead of the IDA Forum happening on 22 October, a group of CSOs released a set of policy proposals for an ambitious policy framework that would truly deliver for people living in the lowest-income countries.

One year ago, at the time of the Annual Meetings in Marrakech, WBG President Ajay Banga said “I don’t subscribe easily to buzzwords about how to do things”. This was in response to CSO concerns about the use of the ‘cascade approach’ to development – a phrase coined by the WBG seven years ago. In plainer English it means the WBG seeks to leverage private finance in support of development and climate projects. Today, ahead of the 2024 Annual Meetings, which mark the 80th anniversary of the institution, the World Bank Group says it aims “to create a future-ready World Bank Group.” This sounds like yet another buzzword to us.

Join Eurodad and partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Annual Meetings from 21 to 25 October.

• More than 60 percent of the projects analysed benefit European companies like Siemens or Suez

• Only 16 percent of all Global Gateway projects invest in key development sectors such as health and education 

This new report by Counter Balance and Eurodad, and supported by Oxfam, analyses in detail the Global Gateway and focuses on 40 of its flagship projects - notably in energy and climate (including raw materials), digital, and health sectors. It dives deep into the question: is the Global Gateway advancing the EU's foreign policy and corporate interests at the expense of real development in its partner countries?