The ambition of the SDGs, the broad scope of poverty across all developing countries, and growing inequality, demand concerted ‘game-changing’ measures to maximize the resources needed to realize Agenda 2030. Dramatic increases in targeted international concessional public finance to complement domestic finance will be essential if the barriers and conditions perpetuating poverty and inequality are to be overcome.
In the Addis Ababa Action Agenda, ODA providers reaffirm their respective ODA commitments, including the commitment by many developed countries to achieve the target of 0.7 per cent of ODA/GNI and 0.15 to 0.20 per cent of ODA/GNI to least developed countries.
But are current aid resources, policies and practices on track to ramp up these resources, in ways that target poverty and inequality?
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