Reality of Aid Statement on the IMF-WBG Annual Meetings 2021November 2021The Covid-19 pandemic has created the deepest economic crash in recent history highlighting the critical role of development finance now more than ever. With Official Development Assistance (ODA) underperforming in recent years, developing countries are in desperate need for financing to boost their domestic budgets and contain the pandemic.In response, the World Bank Group has provided its biggest loan commitments in history. But a closer

Reality of Aid Network statement on the 26th Conference of Parties of the UNFCCCThe UN Climate Change Conference (COP26) in Glasgow came at a critical point, where the multi-faceted impacts of the climate emergency pose even greater challenges for the international aid system. Amid already stretched Official Development Assistance (ODA) levels, the growing gap betweenwhat available climate financing there is, and escalating needs for Covid response and recovery threaten prospects to fulfill climate finance commitments. But

Current aid and development models have long been instruments of colonialism and structural racism, perpetuating power imbalances in the global South. The persistence of these models have a profound impact on the marginalized and vulnerable peoples of the South, endangering their lives, livelihood and environment, further impeding their development.  Last October 21, 2021, Reality of Aid – Asia Pacific and Aid/Watch Australia held the fourth Aid Talks, “Re-imagining Aid: Ending Structural Racism in the Modern-Day

The Reality of Aid-Asia Pacific and Aid/Watch Australia are currently hosting a webinar series called Aid Talks, which discusses the most pressing issues on aid and development cooperation today and the critical issues surrounding it. The fourth Aid Talks will be focused on the decolonisation of aid, entitled “Re-imagining Aid: Ending Structural Racism in the Modern-Day Aid System”.  Thursday, October 21, 2021 9 am UK / 11 am East Jerusalem / 4 pm Manila /

Last September 30, the Reality of Aid-Asia Pacific (RoA-AP) was tasked to give a short intervention on behalf of the Asia Pacific Regional CSO Engagement Mechanism (APRCEM) in the Session on Sustainable Finance Recovery of the UNESCAP’s 5th Southeast Asia Multi-Stakeholder Forum. As it is called a multi-stakeholder forum, it aims to provide a space for various development actors from across sectors to share their perspectives in achieving Agenda 2030 in the region. However, participation

Development Policy Financing is a lending instrument that supports targeted policy reforms and provides finance directly to a borrowing country’s general budget. DPF nudges countries towards neoliberal, financialisation reforms by conditioning budget support on the implementation of prior actions. It is criticised for risking undermining countries’ democratic ownership and for promoting reforms with adverse social and gender impacts. There is thus a need to discuss these shortcomings in the context of the COVID-19 recovery and