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Arguing the TOSSD: is the OECD’s new measure for Total Official Support for Sustainable Development a good idea?

Jesse Griffiths

24 Nov 2015 12:39:02

Last week, I went to an expert group meeting to discuss a new framework being prepared by the Organisation for Economic Co-operation and Development (OECD)’s Development Assistance Committee (DAC) for monitoring and measuring flows that could be considered developmental but are not currently captured in Official Development Assistance (ODA, or ‘aid’). This new framework is provisionally called Total Official Support for Sustainable Development (TOSSD). The stated purpose of this framework is not to supplant ODA but to provide transparency on other financial flows that support the new Sustainable Development Goals (SDGs) adopted by the UN. Now, I think this agenda has serious risks attached – it could undermine aid targets, incentivise the wrong kind of private investments, ...