Net official development assistance (ODA) from DAC members totalled USD 135.2 billion, level with a record USD 135.1 billion in 2013, though marking a 0.5% decline in real terms if price rises and exchange rate moves are factored in. Net ODA as a share of gross national income was 0.29%, also on a par with 2013 once upward revisions to DAC countries’ GNI due to methodological changes are accounted for. ODA has increased by 66% in real terms since 2000, when the Millennium Development Goals were agreed.Read more
This issue of the DACnews looks at many of the new tools and approaches that will characterise the post-2015 era: rules for defining what counts as official development assistance, incentives for taking development to scale, ways of measuring poverty and prosperity, and insights for shaping development policy, to name a few.Read more
The DAC Prize seeks to acknowledge development actors who take the step from supporting innovation to using it systematically and strategically to address development challenges, by taking it to scale. The deadline for submissions is 30 April 2015.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
We monitor and share statistics as well as information on the architecture of official development assistance (ODA) and other flows of development finance to help ensure transparency and effectiveness.
Improving development policy
We draw on knowledge and experiences across the world and advise on diverse development policy issues, including: aid for trade, environment, gender equality, governance and peace, and poverty reduction.
Building partnerships for development
For 50 years now, 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.