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Quick explainer on how official development assistance (#ODA) is reported: 🌏 The OECD receives data reports from Development Assistance Committee (DAC) members, multilateral organisations and private philanthropic foundations. 🌏 To decide who receives ODA, a list of eligible countries is reviewed every three years by the DAC members. 🌏Donors follow established rules to report data to the OECD. And don't miss the LinkedIn live launch on 16 April ➡️ https://brnw.ch/21wRYvb | OECD Development
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Today's development financing system is not delivering the results we need. While financing for development worldwide reached USD 5.24 trillion in 2022, we are still USD 4 trillion short each year of what is needed to achieve global development goals. This “SDG financing gap” has grown 60% since 2015 due to a 36% increase in financing needs, while available resources only increased by 22%. But solutions exist. A new OECD report outlines concrete steps: 🔵 Redirect resources through innovative fi
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