In September this year world leaders adopted the most far-reaching international agreement ever on global development. The new agenda is achievable, but its universality makes it more complex, and reaching these goals requires an effective, functional and equal partnership for sustainable development. The OECD is working to help reach these goals in numerous ways.Read more
The detailed final aid figures for 2014 are now available (since 22 December 2015) and shed new light on overall aid spending, confirming that rather than declining, ODA reached an all-time high in 2014.Read more
This issue of DACnews looks at the challenges of implementing the new global goals, focusing on frameworks for measuring a wide range of sustainable development finance, as well as accountability systems for ensuring that governments are living up to their commitment. It also highlights key implications of the Paris Agreement for development and for the DAC.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), other flows of development finance and untied aid 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 over 50 years, 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.
The DAC supports the UN in ensuring the success of the Sustainable Development Goals and has played a role in forging major international development commitments, including the Millennium Development Goals and the Paris Declaration on Aid Effectiveness.