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  • 23-March-2018

    English

    Private Philanthropy for Development

    Philanthropy’s role in advancing sustainable development attracts a lot of attention. This report calls into question long-held assumptions about the volume, nature and potential of foundations’ engagement in developing countries, and the role they can play to support the SDGs. It presents ground-breaking data and analysis that capture previously non-existent global and comparable quantitative and qualitative data on how foundations support development. The report examines philanthropic resource flows for development purposes, as well as foundations’ priorities, practices and partnering behaviours. It presents fresh perspectives and action-oriented recommendations to optimise philanthropy’s role in support of sustainable development. This report offers practical insights for government policy makers and decision makers in civil society organisations, social enterprises and foundations. It results from close co-operation between the OECD Development Centre’s Network of Foundations Working for Development (netFWD) and the OECD Development Co-operation Directorate.

  • 22-March-2018

    English

    Private philanthropy funding for development modest compared to public aid, but its potential impact is high, says OECD

    Though philanthropic flows are relatively modest compared to official development assistance (ODA), their contribution is substantial in certain sectors, according to a new OECD report. For the first time, Private Philanthropy for Development uses global, comparable data to analyse how private foundations are supporting development.

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  • 20-February-2018

    English

    Illicit Financial Flows - The Economy of Illicit Trade in West Africa

    This report is a first step towards building a qualitative understanding of the way illicit or criminal activities interact with the economy, security and development of West African states. Going beyond a traditional analysis of illicit financial flows (IFFs), which typically emphasises the scale of monetary flows, the report examines the nature of thirteen overlapping, and oftentimes mutually reinforcing, criminal and illicit economies, with a view to identify their resulting financial flows and development linkages. In taking this approach, this report identifies the networks and drivers that allow these criminal economies to thrive, with a particular emphasis on the actors and incentives behind them. As a conclusion to this work, this report proposes a series of policy considerations to assist countries to prioritise and focus their responses to reduce the development impacts of IFFs. Resolving the problem of IFFs requires responding to underlying development challenges, and tackling all parts of the problem in source, transit and destination countries.

  • 15-February-2018

    English

    Massive data gaps leave refugee, migrant and displaced children in danger and without access to basic services

    Gaps in data covering refugees, asylum seekers, migrants and internally displaced populations are endangering the lives and well-being of millions of children on the move, warned five UN and partner agencies today.

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  • 7-February-2018

    English

    Korea needs to keep increasing aid flows in line with its ambitions

    A success story of international development itself, Korea is now a driving force in global aid, focusing on the neediest countries and shaping strategy by sharing its experience and bridging the gap between rich and poor countries. Korea will have even greater impact if it can produce a clear plan to increase aid volumes in line with its stated ambitions, according to a new OECD Review.

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  • 6-February-2018

    English

    Mobilising Finance for Climate Action in Georgia

    This report discusses key issues surrounding finance mobilisation for achieving Georgia’s climate change and green growth targets, and new investment opportunities for developing its capital market. The report focuses particularly on finance for climate change mitigation from various sources – private and public, national and international – but remains relevant for other issues around the country’s green growth agenda, such as energy productivity, air pollution prevention, climate change adaptation, better waste management, conservation of natural resources, and the technologies and innovations that help tackle these issues.

  • 30-January-2018

    English

    UfM and OECD partner to strengthen co-operation for inclusive and sustainable development in the Southern Mediterranean

    The Union for the Mediterranean (UfM) and the OECD today signed a Memorandum of Understanding (MoU) to intensify co-operation to advance inclusive and sustainable growth in the Southern Mediterranean region.

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  • 29-January-2018

    English

    Making Blended Finance Work for the Sustainable Development Goals

    The global community has spoken loud and clear: more resources must be mobilised to end extreme poverty and mitigate the effects of climate change. Blended finance - an approach to mix different forms of capital in support of development - is emerging as an important solution to help raise resources for the Sustainable Development Goals in developing countries. But scaling up blended finance without a good understanding of its risks could have unintended consequences for development co-operation providers. This report presents a comprehensive assessment of the state and priorities for blended finance as it is being used to support sustainable development in developing countries. It describes concepts and definitions, presents an overview of actors and instruments, and discusses lessons learned from blending approaches, tracking and data, and monitoring and evaluation. Its findings and recommendations are useful for policy makers and practitioners. 'Blended finance will contribute to faster economic growth, but to achieve this it is vital to get donors into alignment.' Martin Wolf, Chief Economics Commentator, Financial Times 'Official development assistance continues to be a key way to finance efforts aimed at eradicating extreme poverty. However, the challenge is more than governments alone can manage. We must all think, work, finance and deliver development differently to mobilize private-sector resources and expertise to help the world’s poorest and most vulnerable people. Canada continues to promote innovative approaches to finance development and achieve sustainable growth for everyone.' The Honourable Marie-Claude Bibeau, Canada's Minister of International Development and La Francophonie.

  • 8-December-2017

    English

    Finland needs a plan to restore flagging development aid

    Finland has a good track record of providing aid to the world’s neediest countries and supporting international development efforts, yet 2016 saw sharp cuts to Finnish aid flows. Setting a clear timeline to restore its foreign aid budget will be key for Finland to continue making an impact with its aid programme, according to a new OECD Review.

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