The Sustainable Development Goals as Business Opportunities examines the potential contribution of the private sector to achieving the SDGs, in particular through social impact investment, blended finance and foreign direct investment. It highlights the importance of responsible business conduct and outlines the challenges in measuring the mobilisation effect of public finance on promoting private investment to achieve the SDGs.Read more
This July edition of DACnews focuses on the release of the Development Co-operation Report 2016: The Sustainable Development Goals as Business opportunities. It looks at the relationship between business and the challenges set out in the SDGs. The report was launched 18 July in the context of the United Nations High-level Political Forum in New York. A panel of experts discussed relevant risks, opportunities and pathways to success, welcoming the participation of a standing-room-only audience.Read more
The OECD is developing a proposal for the new international statistical measurement framework with the working title “total official support for sustainable development” (TOSSD). The measure will facilitate the monitoring resources supporting the SDGs. Comments are welcome!Read more
The DAC: Enabling effective development
Through inclusive partnerships for development, the OECD Development Assistance Committee (DAC) helps ensure better lives for people in the developing world by:
Understanding development finance
Improving development policy
We draw on knowledge and experiences across the world and advise on diverse development policy issues, including: aid for trade, conflict, fragility and resilience, environment, gender equality, and governance.
Building partnerships for development
For over 50 years, the OECD Development Assistance Committee (DAC) has grouped the world’s main donors, defining and monitoring global standards in key areas of development.
The Development Co-operation Directorate (DCD) supports the DAC, contributing to developing better policies for better lives through transparent data on development finance, and improved development co-operation practices and policies.
The DAC supports the UN in ensuring the success of the Sustainable Development Goals and has played a role in forging major international development commitments, including the Millennium Development Goals and the Paris Declaration on Aid Effectiveness.