Official Development Assistance (ODA) is a crucial source of finance for global poverty reduction efforts, particularly in countries with limited fiscal space. It encompasses financial aid provided by governments and other official agencies to support sustainable development and address pressing global challenges such as health, education and climate change. Over the past few years, ODA has constantly increased, amounting to a record high of US$223.7 billion in 2023. The effective use and strategic allocation of these funds are vital to ensuring that ODA achieves its objectives and reaches those most in need.
This webinar, presented in collaboration with Development Initiatives, a global organisation harnessing the power of data and evidence to end poverty, reduce inequality and increase resilience, will provide an in-depth analysis of the latest ODA data from the Organisation for Economic Co-operation and Development’s Development Assistance Committee (OECD DAC). It will also cover the challenges of the current ODA reporting rules and how these have changed the nature of international assistance, and also present unique research on ODA in the health and agriculture sectors in Ethiopia, highlighting the importance of aligning aid with national development priorities.
Invitation to a Webinar
DevelopmentAid, in collaboration with Development Initiatives, invites you to attend a webinar on “Unpacking ODA: Global and national perspectives,” on 04 June 2024 at 3 pm (Brussels)/9 am (Washington DC).
Key takeaways
- Gain insights into the latest DAC data and the broader implications for development finance.
- Understand how the nature of ODA has changed in recent years following controversial amendments to reporting rules.
- Understand the link between investments and development outcomes at the national level.
- Understand the elements that reinforce national ownership and the alignment of ODA with national development priorities.
- Improve your ability to report and analyze ODA effectively to strengthen aid outcomes.
Speakers
Martha Bekele works as the Africa lead on Impact at Development Initiatives, Africa Hub. Martha focuses on pro-poor budgeting, development and climate finance as well as on challenging the current global financial architecture.
Maria Jalles d’Orey is the development finance lead at Development Initiatives where she oversees the organization’s portfolio of work on development finance with a particular focus on the role of development aid in countries most in need. Prior to joining Development Initiatives, she worked at the Overseas Development Institute as a researcher and consultant on development strategy and finance and was a senior research associate at the School of International Development at the University of East Anglia where she also completed her PhD.
Euan Ritchie is a senior policy advisor at Development Initiatives. His work has centered around understanding how development and climate finance is measured, and how this influences the way donors choose to spend it, as well as analysing aid trends more broadly. Prior to joining Development Initiatives, he worked as a policy analyst at the Center for Global Development, and as an economist at its statistics offices in both Nigeria and the UK.
Host
Sergiu Casu, the Director of Business Development at DevelopmentAid.