Development aid reached a new peak of USD 142.6 billion in 2016, an increase of 8.9% from 2015 after adjusting for exchange rates and inflation.Read more
Out now! These profiles give an objective analysis of the latest official data on development finance by 50 DAC and other providers with estimates for a further 10 countries that are priority partners for the DAC. These profiles are Part Two of the Development Co-operation Report, the full report will be released in October.Read more
Iceland has a high quality aid programme that targets the world’s poorest and most vulnerable people in least developed countries and fragile states. It is a strong advocate for gender equality, land degradation and fisheries, with a special emphasis on sharing its specialist knowledge on geothermal energy with Africa.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.