Development Co-operation Report 2014:
Mobilising resources for sustainable development
The Development Co-operation Report 2014
Provides an overview of the sources of finance available to developing countries: from official development assistance (ODA), to foreign direct investment and resources from institutional investors, to domestic revenues, philanthropy and resources raised by civil society, as well as remittances.
Proposes recommendations on how to mobilise further resources for example, through smart use of ODA to leverage additional resources and mitigate risks; policy reforms to improve the environment for investment in developing countries, mobilise domestic resources and combat illicit flows; and innovative mechanisms such as the integration of taxes on transactions in financial markets that can generate additional resources to finance sustainable development.
Explores how to mobilise resources to finance the provision of global public goods: for example, to combat climate change, promote peace and security, and create a fair and equal trading system.
What is the Development Co-operation Report?
The Development Co-operation Report (DCR) is a yearly report by the Chair of the Development Assistance Committee and one of the OECD’s yearly flagship publications. Every year, the DCR addresses an important challenge for the international development community and provides practical guidance and recommendations on how to tackle it. Moreover, it reports the profiles and performance of DAC development co-operation providers and presents DAC statistics on official and private resource flows.
Expanded Profiles of Development Co-operaton Providers
The profiles of DAC members and other development co-operation providers give key data on the resources they mobilise for sustainable development. They include an overview of official development assistance as well as other official flows, private flows at market terms and private grants – resources mobilised by NGOs and foundations. For the first time in 2014, the profiles are directly aligned with the overall thematic focus of the DCR – Mobilising resources for sustainable development. They look at the catalysing role of ODA, particularly in relation to private sector development strategies, tax and development, aid for trade, and remittances. Using the latest data from OECD statistics, the profiles also show the channels DAC members and others use to allocate their ODA, as well as how ODA is allocated by geography and sectors.
What is the background to the 2014 report?
At the Development Assistance Committee’s High-Level Meeting in December 2012, DAC Ministers called for modernising the DAC statistical system and devising new, broader measures of total official support for development. The 2014 DCR complements work to fulfil this mandate by exploring the many potential sources of development finance, as well as the diverse means of mobilising additional resources to fund the implementation of the post-2015 goals. This will include a focus on mobilising financial resources from the private sector.
The current cycle of reports is designed to prepare for 2015 and beyond.
The Development Co-operation Report 2014 is the second in a trilogy (2013-15) focusing on “Global Development Co-operation Post-2015: Managing Interdependence”. The DCR 2013: Ending Poverty looked at how to end poverty by 2030.
The report structure and summaries of the chapters will be published here soon.
Below find a short video presenting the DCR 2014.
To receive alerts as information becomes available, add your email to our mailing list.