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

Urgent call to keep defence spending out of the EIB's scope

Thirty civil society organisations (CSO) call upon the EIB President, Board of Directors and Governors to firmly reject increasing support for the military-industrial complex.

  • Development Finance
  • IFIs

Urgent overhaul needed for the EIB to fulfil its public mandate

Together with 13 CSOs we have signed a letter to ask the EIB President Nadia Calviño to do the overhaul needed for the Bank to uphold its commitment to just and sustainable development in the countries where it operates.
 

  • Development Finance
Farwa Sial

Blended finance can perpetuate climate colonialism

Blended finance took centre stage at COP28, with the Green Climate Fund among its supporters. But there are still major problems with the concept that must be addressed before considering any further expansion.

Read the full opinion piece on Climate Home News.

  • Development Finance
Eurodad

Blended finance for climate action: Good value for money?

#BlendedFinance #ClimateFinance #DebtJustice #TaxJustice

  • Climate Finance