The 2030 Agenda aims for a world with full gender equality. Achieving gender equality and the empowerment of all women and girls in developing countries requires sufficient investments. Collectively, development partners need to maximise both the quality and quantity of financing to SDG 5: Achieve gender equality and empower all women and girls.
Official Development Assistance (ODA) from the members of the Development Assistance Committee (DAC) is and will remain an important source of financing, especially in the Least Developed Countries. Additional finance however has to complement ODA, and the full “toolbox” of development finance needs to support gender equality to implement the 2030 Agenda and deliver for women and girls. |
Official Development AssistanceOECD analyses the ODA invested by bilateral donors, which focuses on gender equality and women’s empowerment. The DAC members provide yearly reporting on gender focussed ODA, using the DAC gender equality policy marker.
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Financing for gender equality beyond ODAOECD is also looking at the quality and quantity of financial flows beyond ODA. That includes gender lens investing and DAC members' other official flows, as well as funding by non-DAC providers such as private philanthropy and private flows mobilised by public development finance. The work on wider financing involves learning and exchange at several levels with Gendernet members, civil society, foundations, and the private sector.
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Important note on coverage:
The first element to take into account when analysing the data for one country or when comparing data between countries is the COVERAGE RATIO, i.e. the proportion of aid which is screened. A high percentage of gender equality focussed aid alone does not mean that aid is well aligned with the gender equality policy objective; such a conclusion would only be valid for a donor with 100% coverage. When comparing data between donors, both coverage ratio and % of aid focussed on gender equality and women's empowerment have to be considered.
For more information on OECD work on Gender Equality see http://www.oecd.org/gender
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