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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.
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.
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.
Most G20 governments have put in place new restrictive trade measures over the past six months but have on the whole honoured their pledge to keep international investment open in the wake of the crisis.
National consultations have been held in all 13 countries and territories participating in the 2011 integrated monitoring surveys for the Paris Declaration and the Principles for Good International Engagement in Fragile States and Situations.
In 2010, net official development assistance (ODA) flows from members of the Development Assistance Committee (DAC) of the OECD reached USD 128.7 billion, representing an increase of +6.5 % over 2009. This is the highest real ODA level ever, surpassing even the volume provided in 2005 which was boosted by exceptional debt relief. Net ODA as a share of gross national income (GNI) was 0.32%, equal to 2005, and higher than any other
Aid flows from OECD Development Assistance Committee (DAC) donor countries totalled USD 129 billion in 2010, the highest level ever, and an increase of 6.5% over 2009. This represents about 0.32% of the combined gross national income (GNI) of DAC member countries.
Germany has been one of the world’s largest bilateral donors for the past two decades, but it spent only 0.35% of its national income on official development assistance (ODA) in 2009.
The OECD Guidance for Responsible Supply Chain Management of Minerals from Conflict-Affected and High-Risk Areas was endorsed by the ICGLR on 30 September 2010 and will be put forward for adoption at the ICGLR’s Special Summit of Heads of States on 19 November 2010 as part of a package of tools designed to improve transparency and accountability in the minerals sector.
The economic and financial crisis is accelerating a longer-term structural transformation in the global economy, with the aggregate economic weight of developing and emerging economies on the verge of surpassing that of the countries that currently make up the advanced world, according to new analysis from the OECD Development Centre.