Debt relief and ODA

Nerea Craviotto, Eurodad


Effective aid, in the form of unconditional grants, matters today more than ever. Equally important is the realization of donors’ longstanding commitment to the 0.7 percent target for ODA.

In this chapter, Eurodad‘s Nerea Craviotto discusses the relation between ODA and debt relief in light of new rules for reporting debt relief confirmed by the OECD DAC in ODA July 2020, providing a concise critique of the rules and their implication, and points to the need to closely monitor and review the rules moving forward and ensure that policies promote responsible and sustainable financing.

Download the full chapter here:

TABLE OF CONTENTS

POLITICAL CHAPTER: Aid in the Time of a Global Pandemic: Confronting the challenges of fragility, poverty and climate change

I. REFLECTIONS ON FRAGILITY, CONFLICT AND THE TRIPLE NEXUS
1. Donor interests over effective development cooperation? USAID and the “triple nexus” approach in the Philippines
2. A region embattled: Situating the Triple Nexus in the Asia-Pacific context
3. Examining the effectiveness of the Humanitarian, Development and Peace Nexus in the Lake Chad region
4. Engendering the Nexus: Mainstreaming gender in the Triple Nexus, a case study from Mali
5. Vision on social protection systems and social security in Palestine
6. Fragility, the challenge of our century

II. RESPONDING TO A CLIMATE EMERGENCY
1. Climate change and development cooperation in South Asia
2. The World Bank’s climate finance: Transformative change, or doubling down on neoliberal globalisation?
3. Escazu Agreement: An opportunity for the peoples of Latin America and the Caribbean in the face of environmental crises

III. GLOBAL AID TRENDS

1. GLOBAL AID TRENDS CHAPTER: The future of aid in the time of the pandemic: What do global aid trends reveal?
2. Challenges for the construction of South-South Cooperation by and for the people
3. International cooperation for educational justice
4. A worsening poverty landscape with COVID-19
5. Debt relief and ODA
6. A Pacific compact
7. Aid performance: Belgium called to do better
8. Canada’s international assistance: underfunded feminist ambitions
9. Does the ‘Global EU Response’ to COVID-19 match the global expectations for the biggest bloc providing ODA?
10. France: A key layer in the future of aid, despite an inadequate response to the crisis?
11. Increases in Japan’s ODA/GNI Ratio: Should we celebrate it?
12. Sweden: Drive for democracy, feminist foreign policy, climate and biodiversity remain key priorities in the context of the COVID-19 pandemic
13. United Kingdom: COVID as catalyst: seismic shifts in UK aid

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