ODA

There is a lot of money being spent on official development assistance (ODA). The Organisation for Economic Co-operation and Development (OECD) confirmed recently that countries provided over $160 billion in ODA in 2020. But ten years on from the global agreement reached in Busan, South Korea to imp...

There is not enough ODA to cope adequately with existing development challenges, and yet it is now being charged with funding a large share of donor country commitments toward global climate finance. We think it should be doubled.

Amid the news that France is legislating a target to give 0.7 percent of GNI as official development assistance, Ranil Dissanayake takes a deep look at what this means in practice. 

Following the UK government’s decision to cut aid from 0.7 to 0.5 percent of GNI, recent announcements have shown that bilateral aid is likely to receive the biggest hit, all while in the midst of a global pandemic.