Aid spending fell in 2018, for the second year in a row

poor

(Ben White, Unsplash)

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.

Author: Johnny Wood, Senior Writer, Formative Content


Development aid from wealthy countries fell for the second consecutive year in 2018, adversely affecting some of the world’s poorest nations.

According to Organisation for Economic Co-operation and Development (OECD) figures, the 30 members of its Development Assistance Committee contributed $149.3 billion to global aid programmes, a drop of 2.7% from the previous year.

Humanitarian aid fell by 8%, while the least-developed countries saw a 3% drop in bilateral overseas development assistance (ODA), which is when a government gives aid directly to the government of another country. Aid to Africa fell 4% in real terms over the same period.

Image: OECD

The fall was largely due to less aid being spent on hosting refugees, as arrival numbers fell and stricter rules on which refugee costs can count as foreign aid were enforced.

While aid spending increased in 17 donor nations, including major contributors like Hungary, Iceland and New Zealand, assistance levels fell in 12 countries, many of which experienced falling refugee numbers.

Aside from the reduction in aid spent on hosting and processing refugees, year-on-year overseas development assistance remained constant.

 

OECD Secretary-General Angel Gurría said: “This picture of stagnating public aid is particularly worrying as it follows data showing that private development flows are also declining. Donor countries are not living up to their 2015 pledge to ramp up development finance and this bodes badly for us being able to achieve the 2030 Sustainable Development Goals.”

The 2030 UN Sustainable Development Goals were adopted by all United Nations member states in 2015 to address concerns like global poverty and inequality, while implementing strategies to improve health and education and spur economic growth, particularly among the world’s poorest nations.

ODA accounts for two thirds of external finance for the least-developed nations. The OECD’s Development Assistance Committee is pushing for ODA to be used as leverage to generate private investment and domestic tax revenue in the world’s poor nations.

the sting Milestones

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

The Japanese have a word to help them be less wasteful – ‘mottainai’

Commission adopts €70 million package for early access to EU COVID-19 vaccines in the Western Balkans

Who holds the key to the future of biotechnology? You do

UN rights chief bemoans unilateral sanctions on Venezuela, fearing ‘far-reaching implications’

Aid used for trade is helping developing countries diversify

OECD leading multilateral efforts to address tax challenges from digitalisation of the economy

UN rights expert calls for end to ‘purgatory’ of ‘international inaction’ facing Myanmar’s remaining Rohingya

Trump wants to implicate China in US attacks against global order

Is “Sustainable Development” a concept that integrates Health Literacy and Health Policy as a global health action?

With science ‘held back by a gender gap’, Guterres calls for more empowerment for women and girls

Human Rights Council election: 5 things you need to know about it

EU budget: Boosting cooperation between tax and customs authorities for a safer and more prosperous EU

Eurozone plans return to growth

Climate change update: consistent global actions urgently needed as we are running out of time

Fair completion rules and the law of gravity don’t apply to banks

Eurozone very close to a sustainable growth path

FROM THE FIELD: For refugees and migrants in Europe, healthcare’s essential but a challenge to find

Coronavirus: Commission receives first preliminary application for support from the EU Solidarity Fund for health emergency from Italy

On Human Rights Day European Youth Forum calls for end to discrimination of young people

With Gaza violence ‘escalating as we speak,’ UN envoy calls for ‘immediate stop’

Suffering of thousands of war-affected Syrian children ‘unprecedented and unacceptable’

#TwitterisblockedinTurkey and so is Erdogan

Ukraine: €8 million in humanitarian aid to withstand winter

‘Agile’, multilateral response vital to combat terrorism – UN chief Guterres

5 facts you might not know about why forest biodiversity matters

Recovery and Resilience Facility: Belgium, Italy, Austria, and Slovenia submit official recovery and resilience plans

Australia wants to build a giant underground ‘battery’ to help power the nation

Commission proposes to top up support for refugees in Jordan, Lebanon and Turkey

Four things workers want implemented by their bosses post-pandemic

Industrial price dive may lead to point of no return

5 creative alternatives to plastic packaging

FROM THE FIELD: Malawi farmers diversify to fight climate change

The JADE Spring Meeting is about to begin

Boris to end up in jail if he loses the next elections?

6 ways to ensure AI and new tech works for – not against – humanity

Pushing for tax fairness in a digital world

‘Global clarion call’ for youth to shape efforts to forge peace in the most dangerous combat zones

Global health challenges require global medical students

Safer products: EP and Council close deal to beef up checks and inspections

Nagasaki is ‘a global inspiration’ for peace, UN chief says marking 73rd anniversary of atomic bombing

Investing in nature gives industry and business a competitive advantage. Here’s why

CLIMATE CHANGE FOCUS: Climate-proofing Timor-Leste

UNICEF warns of ‘lost generation’ of Rohingya youth, one year after Myanmar exodus

Here’s how we get businesses to harmonize on climate change

EU allocates over €43 million in humanitarian aid to South Sudan

The 5 lessons from New York Climate Week to help us combat deforestation

UN rights office calls on Zimbabwe Government to end ‘crackdown’ in response to fuel protests

1 in 13 young British people have PTSD. Here’s why

The blackened white coat of the doctors

The clothes of the future could be made from pineapples and bananas

COVID-19: Team Europe supports African, Caribbean and Pacific countries to access finance through digital technology

Christine Lagarde: the three priorities for the global economy

“Asia-Pacific takes stock of ambitious development targets”, written by the Heads of UNFPA and ESCAP

Healthcare guidance apps to professional’s continued education?

End fossil fuel subsidies, and stop using taxpayers’ money to destroy the world: Guterres

Youth not prioritised in new Commission

State aid: Commission approves €286 million Finnish measure to recapitalise Finnair

A bad marriage can be as unhealthy as smoking and drinking

Coronavirus Global Response: Commission joins the COVID-19 Vaccine Global Access Facility (COVAX)

Eurozone’s sovereign debt not a problem anymore?

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s