Fifty days ahead of the 4th UN Financing for Development Conference (FfD4), a coalition of nine EU NGOs are launching the campaign “Era of Justice” to show how the multiple crises our world is living are deeply interconnected and to call on governments to take decisive action.

Over 200 civil society organisations and individuals have sent a letter urging European leaders to commit to a transformative and ambitious agenda of financial architecture reform at the Fourth International Conference on Financing for Development.

In response to the World Bank and IMF Spring Meetings, Eurodad says that the two institutions 'cannot be entrusted with the responsibility of the international economic system.'

Official Development Assistance in 2024 dropped for the first time since 2017, sounding alarm bells for the future of aid. These infographics highlight the key trends from the preliminary data release by the OECD DAC.

#Aid #SMCSO25 #IMFmeetings #WBGmeetings #FfD4

Join Eurodad and partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Spring Meetings this April.

• The first drop in ODA since 2017 sounds alarm bells for the future of aid, as new figures highlight a 7.1 per cent decrease
• The world’s poorest countries are among the most impacted. Just 16.5 per cent of aid reached Least Developed Countries in 2024, while 13.1 per cent remained in rich countries
• Will rich countries abandon aid in 2025? A panel of experts from Concord, Eurodad, Oxfam and Reality of Aid will answer this question on 23 April at 14h CEST. Register here

Preliminary aid figures for 2024 are a wake-up call for rich countries

Reaction of the DAC CSO Reference Group to the release of the preliminary ODA numbers for 2024.

#FfD4 #Aid #GlobalGateway

Written by by Evelien van Roemburg (Oxfam International), Javier García de la Oliva (ActionAid) and Jean Saldanha (Eurodad).

Read the piece in full on EU Observer