Multilateral Aid 2015


The OECD released a new report, Multilateral Aid 2015, in Addis Ababa. It examines trends in official aid spent via multilateral organisations, including the increasing contributions from non-OECD donors Brazil, China, India, Saudi Arabia, South Africa, Turkey and the UAE. It finds that:

Development funding to multilateral organisations from OECD DAC members rose to a record USD 59 billion in 2013 after 2 years of declines. This meant 41% of ODA from OECD Development Assistance Committee donors went through the multilateral system. Much of the rise was from funds for specific projects, which are more volatile than funds for the core budgets of multilateral organisations.

Core contributions to multilateral organisations translated into USD 44 billion of flows to developing countries in 2013. Multilateral outflows have been on an upward trend since 2007, growing by 59% in real terms between 2007 and 2013. They remain largely focused on least developed countries, which in 2013 received 45% of all multilateral outflows, or USD 19.5 billion.

Large non-DAC providers (Brazil, China, India, Saudi Arabia, South Africa, Turkey and the UAE) increased their funding to multilateral organisations by an estimated 51% over 2009-13. Together, they provided USD 1.2 billion in 2013. Much of the rise in funding was in response to emerging humanitarian needs in their regions and beyond, but the rest was aimed at increasing South-South co-operation.

You can read the report here: http://www.oecd-ilibrary.org/development/multilateral-aid-2015_9789264235212-en

Source: OECD


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