The OECD DAC measures and monitors development finance targeting climate change objectives using two Rio markers: Climate Change Mitigation and Climate Change Adaptation.
Lessons from peer reviews
Economic and financial crime, faced by donors and developing countries alike is a major obstacle to development. Resources that could support a country’s development are lost through criminal acts like corruption, tax evasion, money laundering, and others.
In 2012, the DAC launched the modernisation of its statistical system in order to improve its accuracy while reflecting the changes in the development co-operation sector.
The OECD DAC measures and monitors development finance targeting the environment using the environment marker. Introduced in 1992, this predates the Rio markers. Reporting on ODA flows has been mandatory since 1998. Reporting on non-credit OOF flows was introduced in 2010 on a voluntary basis.
Small Island Developing States (SIDS) have weathered storms, hurricanes and cyclones for centuries. Today’s climate change is intensifying these disasters and creating new development problems. Rising sea levels to increasing ocean acidity challenge not only the development but also the very existence of SIDS.
A decision-making framework for donors, development finance institutions (DFIs) & investors to deliver sustainable investments with integrity.
On the occasion of Africa Independence Day, this symposium by the OECD Development Centre and Minnesota Africans United (MAU) will bring together leaders, policy makers, businesspeople and diasporic groups, to share examples of the many ways diasporas have engaged in private sector development and the ways they mutually benefit both their mother countries in Africa and their new home countries.
Because ODA is a scarce resource for financing development, it is important to ensure it reaches the countries and people that need it most.
Our events are opportunities to interact with major actors and thinkers on development issues.