Development Co-operation Directorate (DCD-DAC)

External Financing for Development

 

Read
the communique
setting the brief
for this work.
‌The global development finance landscape is changing. External resources for development used to come largely as aid from governments. Now most developing countries have access to a much wider range of flows. Foreign direct investment is increasing, and so are personal remittances. Many developing countries are issuing bonds, and numerous innovative financing mechanisms are operational or under consideration. Our work stream on external financing for development aims to modernise our statistics on the flow of resources, and provide new insights and pioneering research.

 

Rethinking development aid

The OECD is working to devise a new, broader measure of official support for development to reflect big changes since the concept of ODA was devised. Private capital flows are now much bigger than traditional aid and there has been a geographical shift in where the world's poorest people live.

See also: This year's flagship report from the DCD, the Development Co-operation Report, will focus on mobilising resources for sustainable development. You can find out more about it here and watch a prelude video here.

STAY INFORMED, GET INVOLVED

NEWS and EVENTS

Third International Conference on Small Island Developing States, side event: The OECD and UNDP will hold a joint side event on “Financing for Sustainable Development in SIDS” in Apia, Samoa.

Draft Programme

Brief Opening remarks by Moderator:                   

  • Ambassador Irwin LaRocque, Secretary-General of the Caribbean Community (CARICOM) (tbc)

Brief statements by the co-organisers:

  • Helen Clark, UNDP Administrator
  • Erik Solheim, DAC Chair, OECD

Key note statements by the High-level Panellists:

  • Prime Minister of Barbados (tbc)
  • Minister for Foreign Affairs, Republic of Seychelles (tbc)
  • Permanent Secretary for Foreign Affairs and International Cooperation, Republic of Fiji (tbc)
  • Secretary General of the Pacific Island Forum Secretariat (tbc)

Interactive Moderated Panel

Closing summary by the Moderator
The event will take place on 2 September 2014 from 17:00-18:30 in CR3, Faleata Sports Complex. 

 

BLOGS POSTS related to financing for development

 

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March 2014  DAC SLM

CONCORD

NGO Forum

UKAN

PAPERS

Expert Reference Group Meetings

Recommendations of the Expert Reference Group

Final Conclusions and Recommendations

Papers considered by the Expert Reference Group advising the DAC and its Secretariat on this project.

26-27 June 2014

Agenda (pdf, June 2014)

Session one

Discussion paper on Total Official Support for Development (TOSD) (pdf, June 2014)

Factsheet on climate change (pdf, June 2014)

Presentation on total official support for development: The concept and critical measurement questions (pdf, June 2014)

Presentation: Proposal for a Reporting System which is coherent with Post 2015 Development Agenda, and integrates ODA, TOSD and climate finance (pdf, June 2014)

Session two

Background report on the new development finance landscape (pdf, June 2014)

Presentation on better representing the recipient receipts of development finance – deriving comprehensive data on ”Development Resource Inflows” (pdf, June 2014)

Session three

Background information on representing the donor effort in non-grant instruments (pdf, June 2014)

Presentation on better representing the donor effort in non‐grant instruments (other than loans) - Principles and methods (pdf, June 2014)

Session four

“Straightening the Measuring Stick: A 14-Point Plan for reforming the Definition of ODA”, CGD Policy Paper 044, June 2014. David Roodman (pdf, June 2014)

Options on concessionality (pdf, May 2014)

Targeting ODA towards countries in greatest need (pdf, Apr 2014)

Presentation on concessionality options and the status of the debate (pdf, Apr 2014)

23-24 January 2014

Agenda (pdf, Jan 2014) 

Session one

Presentation on options to modernise ODA (ppt, Jan 2014)

Concept Paper on Approaches for a New Reporting System on Development Finance (pdf, Oct 2013) 

Options for Modernising the ODA Measure (pdf, Jan 2014)

Proposal for a New Journey (pdf, Oct 2013) 

The Evolution of ODA- Achievements, Criticisms and a Way Forward (pdf, Dec 2013)

Session two

Presentation on eligibility and targetting (ppt, Jan 2014)

Does Aid Have a Future (pdf, Jan 2014) 

The Future of the DAC List of ODA Recipients (pdf, Jan 2013)

The Where of Development Finance (pdf, Jan 2014)

See also a brief (3:10) video introducing this topic and the papers above. 

 Session three

Presentation on concessionality(ppt, Jan 2014)

Options for Concessionality (pdf, Jan 2014)

Session four

A New Measure of Total Official Support for Development (pdf, Nov 2013) 

 

Summary record

Summary record of discussion (pdf, Mar 2014) 

3-4 October 2013

Agenda

Background Paper 1 (pdf, Oct 2013) 

Background Paper 2 (pdf, Oct 2013) 

Session one

Session paper 1: Measuring Development Finance, a situation report (pdf, Sept 13)

Session 1 presentation: Measuring Development Finance, a situation report

Session two

Session Paper 2: New measures of national and official development finance? (pdf, Sept 13)

Session 2 presentation: New measures of national and official development finance

Session three

Session Paper 3: Revisiting the ODA concept (pdf, Sept 13)

Session 3 presentation Revisiting the ODA concept

 

Summary record

Summary record of discussion (pdf, Mar 2014) 

External Financing for Development Briefs

More accessible digests of longer papers for a wider audience.

 

Read this project overview and how this OECD/DAC work programme fits with the UN's post-2015 agenda.

 Report for DAC SLM in March 2014: The New Development Finance Landscape: emerging and preliminary perspectives from the cases of Ghana, Senegal and Timor-Leste

 Summary and key findings from the  DCD paper examining the distribution of ODA and other forms of external finance to developing countries (pdf, Jan 2014) 

Access the summary and explore the data using our interactive data tool of a DCD paper examining the distribution of ODA and other forms of external finance to developing countries

or Read the full paper online

Acceess this short paper on Economic growth and forecasts for when countries will pass the upper income limit for aid (ODA) and concessional (IDA) funds and explore the data using our interactive data tool
or Open summary (pdf, Jan 2014)

Does Aid Have a Future - DCD Deputy Director Serge Tomasi's thoughts on the future of aid given a number of trends in the developing world (pdf, Jan 2014)

Proposal for a New Journey, DCD Deputy Director Serge Tomasi's thoughts on new measures of development finance (pdf, Nov 2013) 

Front cover of the four/seven page summary of the OECD working paper: Guarantees for Development

Summary and key findings from the the DCD paper examining the distribution of ODA and other forms of external finance to developing countries (pdf, Mar 2014)

DCD background research paper submitted to UN Post 2015 High Level Panel: A Post-2015 Information System for International Development and Climate Finance (pdf, May 2013) 

Background papers

General papers on the mandate for, and about, the DAC Secretariat's External Financing for Development project.

Aid to the least developed countries: Side event at the ministerial meeting on new partnerships for productive capacity building in LDCs, Cotonou Benin (pdf, July 2014)

OECD-DAC work on measuring external development finance: Side event at the ministerial meeting on new partnerships for productive capacity building in LDCs, Cotonou Benin (pdf, July 2014)

Modernization of ODA: New Measures for Development Financing in a Post-2015 World

Addressing the boundary between ODA and Total Official Support for Developmen (TOSD) in the field of peace, security and justice (pdf, June 2014) 

Scoping the new measure of Total Official Support for Development (TOSD) (pdf, June 2014) 

Possible use of risk premiums for assessing the concessionality of loans in DAC statistics (pdf, June 2014) 

Options on Concessionality, DAC Meeting, 10 June 2014 (pdf, June 2014) 

OECD Roundtable Discussion on External Financing for Development - World Bank/IMF CSO Policy Forum - Summary Report (pdf, Apr 2014) 

OECD-DAC work on new ways to measure Development Finance - Presentation to CSO Policy Forum Roundtable Discussion, Washington DC (pdf, Apr 2014) 

Targeting ODA towards countries in greatest need (pdf, Apr 2014) 

Modernising the reporting on ODA loans - Risk adjusted, grant equivalents and other approaches.  (pdf, Apr 2014)

Modernising the DAC's Development Finance Statistics (pdf, Feb 2014)

The Where of Development Finance Towards Better Targetting of Concessional Finance (pdf, Jan 2014Possible new measure of Total Support for Development: Options Regarding Peace and Security, Climate Change and Global Programmes (pdf, Jan 2014)

Non-DAC countries and the debate on measuring post-2015 development finance (pdf Jan 2014)

Possible update to classification by types of finance (pdf, Oct 2013) The Evolution of Official Development Assistance: Achievements, Criticisms and a Way Forward (pdf, Oct 2013) 

Guarantees for Development research paper (Oct 2013)

or Short summary

Initial roadmap for improved DAC measurement and monitoring of external development finance (pdf, Apr 2013) DAC High Level Meeting Communique including brief for the review of External Financing for Development (pdf, Dec 2012)New Directions in DAC measurement and monitoring of External Development Finance (pdf, Nov 2012)



 

BACKGROUND INFORMATION ON AID (ODA) AND OTHER FORMS OF EXTERNAL FINANCING FOR DEVELOPMENT

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