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Development Co-operation Directorate

A New DAC: Innovations for the 2030 Agenda - High Level Meeting, 30-31 October 2017

 

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‌How can we modernise the monitoring of official development assistance (ODA) so that the metrics both reflect the evolution of donors' efforts and account for what developing countries effectively receive? How do we improve our tracking of how ODA meets their needs? How can we ensure that it stimulates new sources of financing while genuinely advancing development? How can the OECD Development Assistance Committee (DAC) reform and innovate?

At its 51st High Level Meeting (HLM), the DAC discussed these important topics and other crucial issues, such as managing the response to the refugee crisis, and ensuring that small island developing states receive adequate and appropriate financing to reach their Sustainable Development Goals.

The HLM delivered a number of key decisions, including: approval of the Blended Finance Principles, adoption of clarifications to the statistical reporting directives on in-donor refugee costs, agreement to work on rules for reinstatement of recently graduated countries on the DAC List of ODA Recipients, and adoption of the revised DAC mandate and strategic vision.

Read the outcomes in the HLM Communiqué.


 

 

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