Member of the OECD Development Assistance Committee (DAC) since 1962.
In 2012, Norway’s net ODA amounted to USD 4.75 billion, placing it as the tenth largest DAC donor. After two years of declining net ODA, Norway’s ODA saw a 0.4% growth in real terms between 2011 and 2012.
Nevertheless, Norway is one of the most generous providers of ODA; its ODA/GNI ratio has consistently exceeded the 0.7% target since 1976. After reaching a peak of 1% in 2009, its ODA/GNI ratio fell to 0.96% in 2011 and 0.93% in 2012, which is still far above the DAC average of 0.29%.
Key Statistics from the Development Co-operation Report 2013 (DCR)
Norway committed USD 3.7 billion to development assistance in 2007, a substantial increase over the previous year. It now gives the world’s highest level of official development assistance as a percentage of gross national income (0.95%). The DAC commends Norway for budgeting to reach its 1% ODA/GNI target in 2009 in a climate of global financial crisis.
Norway recently evaluated its Oil for Development programme. The purpose of the programme is to transfer Norwegian experience with petroleum governance/ management in a way that contributes to lasting reduction of poverty in developing countries, and that the extraction of resources is done in an environmentally friendly way. The programme provides funding and technical support for building the public sector’s capacity to manage its oil and gas resources according to principles of “good governance”.