The OECD DAC welcomes Iceland as its 25th member
The DAC recently conducted a special review of Iceland and concluded that it has established a legal foundation for its development co-operation, a comprehensive strategy and a clear commitment to increase its aid budget despite a challenging economic context. Iceland is a small donor, but compares favourably to several strong DAC performers in many areas. In 2011, Iceland’s ODA stood at USD 26 million, equivalent to 0.21% of its national income.
Iceland's legal and policy framework bring together all of their development co-operation - bilateral, multilateral and humanitarian - and are backed up by a strategy that has been adopted by the Parliament. These development co-operation strategies and policies are generally in line with DAC good practice.
Anna Katrín Vilhjálmsdóttir,
Director of the Department for International Development,
Icelandic Ministry for Foreign Affairs
with Erik Solheim, OECD DAC Chair