Net official development assistance (ODA) from DAC members totalled USD 135.2 billion, level with a record USD 135.1 billion in 2013, though marking a 0.5% decline in real terms if price rises and exchange rate moves are factored in. Net ODA as a share of gross national income was 0.29%, also on a par with 2013 once upward revisions to DAC countries’ GNI due to methodological changes are accounted for. ODA has increased by 66% in real terms since 2000, when the Millennium Development Goals were agreed.Read more
United Nations Secretary-General Ban Ki-moon called on OECD governments to ensure that a series of major summits this year result in a new era of sustainable development.Read more
OECD’s April release of preliminary figures on development co-operation in 2014 confirmed that official development assistance is holding strong. This validation is fundamental as the development community prepares to discuss how to finance the new Sustainable Development Goals (SDGs) at the International Conference on Financing for Development in Addis Ababa in July. Yet funding is not all that is needed to ensure success in achieving the SDGs...Read more
The DAC: Enabling effective development
Through inclusive partnerships for development, the OECD Development Assistance Committee (DAC) helps ensure better lives for people in the developing world by:
Understanding development finance
We monitor and share statistics as well as information on the architecture of official development assistance (ODA) and other flows of development finance to help ensure transparency and effectiveness.
Improving development policy
We draw on knowledge and experiences across the world and advise on diverse development policy issues, including: aid for trade, environment, gender equality, governance and peace, and poverty reduction.
Building partnerships for development
For 50 years now, the OECD Development Assistance Committee (DAC) has grouped the world’s main donors, defining and monitoring global standards in key areas of development.
The Development Co-operation Directorate (DCD) supports the DAC, contributing to developing better policies for better lives through transparent data on development finance, and improved development co-operation practices and policies.