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Though the economic crisis has forced Spain to cut public spending in the past year, including to development co-operation, its aid has almost doubled since 2003. Spain still has plans to meet the international target of committing 0.7% of its gross national income to development aid.
This annual DAC-INAF report serves as a tool to better monitor the levels, timing and composition of resource flows to fragile states, and presents salient facts on aid flows to fragile states, the impact on fragile states of the three crises and the need for a whole-of-government response.
Spain increased aid from 0.23% of its national wealth in 2003 to 0.46% in 2009, before cutting it to 0.43% - or USD 5.9 billion in 2010. The world’s 7th largest donor by volume, Spain still has plans to meet the international target of committing 0.7% of its gross national income to development aid.
New data show that the member countries of the OECD Development Assistance Committee (DAC) allocated up to USD 22.9 billion, or 15% of total official development assistance (ODA), to climate change mitigation and adaptation in developing countries in 2010.
Building more effective public sector institutions is an essential component of aid effectiveness. If we work together and take into consideration the realities of developing countries, we will build a more prosperous and equitable world, said A. Gurría.
Never before has there been such an inclusive and fully engaged process behind international development, said M. Gurría. The outcome document endorsed in Busan is important, but even more important is the buy-in it represents, he added.
The economic crisis has meant global poverty is on the rise again. The Forum on Aid Effectiveness in Busan is an opportunity to ensure that development cooperation can make a difference in tackling hunger and improving people’s lives, OECD Secretary-General Angel Gurría said.
According to OECD’s latest analysis, global greenhouse gas emissions are projected to grow by another 50% in the next 40 years. This would result in a 3-6 degree increase of average global temperature by the end of the century unless governments take decisive action, says OECD Secretary-General.
Greek official development assistance was USD 508 million, amounting to 0.17% of its national income, in 2010. By volume, this represents a 28% fall over the past 2 years, from USD 703 million in 2008 and USD 607 million in 2009.
This publication is the product of a joint effort by the Development Development Centre of the OECD and the Economic Commission for Latin America and the Caribbean (ECLAC), undertaken in order to analyse the role of the State in the economic growth and development of Latin American and Caribbean countries. The questions the outlook exposes are: What should be the main elements of the reform of the State in Latin America and the