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Crunch time for the OECD’s new aid rules?

Polly Meeks

25 Apr 2017 10:12:03

Blink and you might miss it: but a seemingly low-key meeting of the Organisation for Economic Cooperation and Development (OECD) Development Assistance Committee (DAC) officials this week could signal one of the biggest changes in decades to the way that donors think about aid.  That’s because tomorrow’s meeting [April 26] could be decision time on the rules governing ‘private sector instruments’ (PSIs). The proposed rule changes would allow donors to count more of their investment in, and other support to, private sector companies as aid, if those companies are doing business in developing countries, and if certain conditions are met.  Civil society, from both North and South, has been warning of risks in these proposed changes for months. To be clear: our concerns aren’t ...
The latest statistics on Official Development Assistance (ODA) were released yesterday, and reported that total ODA from members of the Organisation for Economic Cooperation and Development Assistance Committee (OECD DAC) group of rich countries was US$142.6 ...
Eurodad recently made a submission to a discussion hosted by the Global Partnership for Effective Development Cooperation (GPEDC) on "Leveraging Effective Development Cooperation (EDC) to mobilize existing resources for development and enhance private ...
The ongoing discussion at the OECD DAC on whether the ODA concept should be modernised provides an opportunity to refine existing rules and ensure that they are fully focused on supporting the achievement of developmental goals. The current ambiguity ...