The OECD and the Government of Ukraine today launched a four-year Country Programme that will support Ukraine’s agenda for reform, recovery and reconstruction and will help Ukraine advance its ambitions to join the OECD and the European Union.
Foreign aid from official donors in 2022 rose to an all-time high of USD 204 billion, up from USD 186 billion in 2021, as developed countries increased their spending on processing and hosting refugees and on aid to Ukraine, according to preliminary data collected by the OECD.
Before the COVID-19 pandemic, travel and tourism generated approximately 12% of GDP in Southeast Asian economies and provided around 11% of employment in Emerging Asia as a whole. The return of tourists will therefore be key to further bolster economies amidst uncertainties and weak external demand.
Carsten Staur, currently Denmark’s Permanent Representative and Ambassador to the OECD and UNESCO, was today appointed as the new Chair of the OECD’s Development Assistance Committee (DAC), the leading international forum for bilateral providers of development aid.
Lithuania has become the 31st member of the OECD Development Assistance Committee (DAC), the leading international forum for bilateral providers of development co-operation.
Climate change could significantly worsen long-term economic prospects and exacerbate inequalities in Latin American and the Caribbean (LAC). It is urgent to advance towards an ambitious and comprehensive green agenda to address its consequences and improve well-being for all. An effective green transition in LAC could potentially add 10.5% more new jobs by 2030, says the Latin American Economic Outlook (LEO) 2022
Climate finance provided and mobilised by developed countries for climate action in developing countries reached USD 83.3 billion in 2020, according to new OECD analysis.
Meeting today in Paris, the Deputy Chairperson of the African Union Commission (AUC), Dr. Monique Nsanzabaganwa, and the Secretary-General of the OECD, Mathias Cormann, announced that the two institutions intend to scale-up their collaboration to address the most pressing global challenges through a strong and equal partnership based on trust and mutual understanding.
Despite progress made since the adoption of the 2030 Agenda for Sustainable Development and its 17 Goals (SDGs), OECD countries have met or are close to meeting only a quarter of the targets for which performance can be gauged, according to a new OECD report.
Foreign aid from official donors rose to an all-time high of USD 179 billion in 2021, up 4.4% in real terms from 2020 as developed countries stepped up their help for developing countries grappling with the COVID-19 crisis, according to preliminary data collected by the OECD.