The 2030 Agenda for Sustainable Development gives business a significant role to play in efforts to achieve the Sustainable Development Goals, based on its ability to invest and innovate. This paper explores ways in which companies can provide more meaningful contributions to governments’ commitments to reach the SDGs.
Aid donors increasingly seek to inject private-sector resources into development by ‘blending’ official development assistance (ODA) with private finance. There is little evidence of the development impact, and projects often do not align with country ownership, transparency and accountability.
‘Blending’ combines official development assistance with other private or public resources, in order to ‘leverage’ additional funds from other actors. This report aims to clarify what it is, how it works and how it is used, to foster greater understanding of this increasingly prominent development finance mechanism.
The governments of rich states today cleared the way for the diversion of development aid away from the poorest.
The Organization for Economic Cooperation and Development (OECD) is currently discussing changes
Governments across Europe are planning to divert scarce development aid budgets to cover security and defense costs, anti-poverty campaigners understand.
Unresolved rigged tax rules and privatized development are the major drawbacks of the UN Financing for Development Conference outcome, says Oxfam.
New sources of climate finance must be found to curb the alarming shift in Official Development Assistance (ODA) to climate finance and to protect the development gains of recent decades.
Hundreds of thousands of poor people will go without life-saving medicines and many more children will miss out on school because of the first cuts in aid since 1997, Oxfam warned today.