Development: World’s richest nations fail to meet aid pledges – report

October 14, 2014
Displaced Somali women arrive at a food distribution centre after moving to higher ground due flooding in areas around Jowhar, a town north of Somalia's capital Mogadishu, December 9, 2013. REUTERS/Omar Faruk

Displaced Somali women arrive at a food distribution centre after moving to higher ground due flooding in areas around Jowhar, a town north of Somalia’s capital Mogadishu, December 9, 2013. REUTERS/Omar Faruk

Original article found on: Thomson Reuters Foundation

Posted on October 5th, 2014 by Astrid Zweynert

* Development aid at record $131.2 billion in 2013

* Only one third went to least developed countries

* African governments fail to prioritise spending on anti-poverty measures

By Astrid Zweynert

LONDON, Oct 6 (Thomson Reuters Foundation)- – The majority of the world’s rich donor nations failed to meet their development aid pledges in 2013 and only one third of the money went to the poorest countries, a report said on Monday.

Aid by members of the OECD Development Assistance Committee (DAC) rose 5.3 percent year-on-year to a record $131.2 billion in 2013 after two consecutive years of decline, The One Campaign said in its annual aid data report.

Only a third went to the least developed countries, most of which are in sub-Saharan Africa, despite high-level support for a new target of 50 percent of all aid to be directed towards the poorest nations, said ONE, co-founded by Irish rocker Bono to end extreme poverty.

As world leaders prepare to agree a new set of development goals next year, ONE urged both rich and poor countries to address aid shortfalls to ensure the poorest people are at the heart of a renewed global drive against poverty from 2015.

“If donors don’t step forward and target at least half of their aid to those countries that need it most, the world’s poorest people risk being left behind,” Sara Harcourt, policy director at ONE and an author of the report, told the Thomson Reuters Foundation.

Seventeen out of 28 DAC members increased their overseas development assistance (ODA) but despite these rises aid still only accounted for 0.29 percent of their national wealth, short of a United Nations target for aid spending of 0.7 percent.

Britain became the first country among the Group of 7 industrialised nations to meet the target last year, helped by a$3.95 billion boost to its aid budget.

Japan, Germany and Norway also stepped up efforts but others such as long-standing aid champions France, Canada and Australia showed marked declines in aid budgets amid cuts in overall public spending, along with the Netherlands.

The United States, the world’s largest bilateral donor, compared poorly with other G7 states in terms of aid spending relative to national wealth, with a ratio of just 0.19 percent.

AFRICAN GOVERNMENTS MUST PLAY THEIR PART

African governments are also failing to prioritise their spending on programmes to boost the fight against extreme poverty, ONE said.

Only six out of 43 sub-Saharan African countries met their own spending goals on health, and only eight met targets on agriculture, the report found.

An additional $54.8 billion would have been mobilised for health between 2010 and 2012 if all sub-Saharan African countries had kept their promises, ONE said.

“First and foremost, public spending by African governments should be targeted towards the fight against poverty,” Sipho Moyo, the campaign’s Africa executive director said.

The report also highlighted a need to change the rules on what counts as aid, saying that since 2000 some $250 billion, or a sixth of all ODA reported by governments, did not involve a real transfer of funds to developing countries.

In 2012, for example, the cost of looking after refugees totalled $4.3 billion, or 3 percent of ODA. Administrative costs stood at $6.7 billion, or 5 percent of ODA.

Aid levels have also been given an artificial boost by including inflated valuations of debt relief, ONE said.

More stringent guidelines are also needed on which loans to developing countries count as aid, ONE said. It reckons that if these had been in place in 2012, $19 billion of loans would not have qualified as aid.

It urged the DAC countries, due to hold a senior-level meeting in Paris this week, to ensure a new definition of aid means it reaches those who need it most. (Reporting By Astrid Zweynert; Editing by Ros Russell)

Original article found on: Thomson Reuters Foundation

Related Posts:

ON DEVELOPMENT | Soaring humanitarian costs in 2023, The New Humanitarian

ON DEVELOPMENT | Soaring humanitarian costs in 2023, The New Humanitarian

More hunger, more displacement, more people in crisis, and a soaring price tag: Humanitarian needs and costs will once again shatter records in 2023, but available funding – and the system itself – isn’t keeping pace.

Source: Soaring humanitarian costs in 2023: Key takeaways, The New Humanitarian, by Irwin Loy and Jessica Alexander, December 1, 2022

ON DEVELOPMENT | Protecting 30% of Earth’s surface for nature means thinking about connections near and far, The Conversation

ON DEVELOPMENT | Protecting 30% of Earth’s surface for nature means thinking about connections near and far, The Conversation

Governments, scientists and conservation groups are working to protect 30% of Earth’s land and water for nature by 2030. Scientists say that protecting 30% of Earth’s surface will help species and ecosystems recover from the stresses that are depleting them. It also will conserve valuable services that nature provides to humans, such as buffering coasts from storms and filtering drinking water. Protecting forests and grasslands can help slow climate change by promoting carbon storage in soil and plants.

ON DEVELOPMENT | This Planet Is Drying Up. And these Are the Consequences, IPS News

ON DEVELOPMENT | This Planet Is Drying Up. And these Are the Consequences, IPS News

Drought is one of the ‘most destructive’ natural disasters in terms of the loss of life, arising from impacts, such as wide-scale crop failure, wildfires and water stress. Droughts are one of the “most feared natural phenomena in the world;” they devastate farmland, destroy livelihoods and cause untold suffering.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *