Norway’s financing for development

This chapter considers how international and national commitments drive the volume and allocations of Norway’s official development assistance (ODA). It also explores Norway’s other financing efforts in support of the 2030 Agenda. Norway’s commitment to provide 1% of gross national income (GNI) as ODA is underpinned by broad public and political support. As Norway is working increasingly through the multilateral system, the use of funds managed by multilateral organisations has increased significantly since 2013. Core funding has not increased at the same rate, and the share of core funding to multilateral institutions relative to earmarked funding has reduced. In addition, the share of country programmable aid and allocations for least developed countries have fallen. Norway is a strong supporter of domestic resource mobilisation and effectively promotes development finance additional to ODA.