Development Co-operation Report 2013

Ending Poverty

image of Development Co-operation Report 2013

The Development Co-operation Report (DCR) 2013 explores what needs to be done to achieve rapid and sustainable progress in the global fight to reduce poverty. The world is on track to achieve the Millennium Development Goal (MDG) target of halving the proportion of people whose income is less than USD 1.25 a day. Nonetheless, we are far from achieving the overarching MDG goal of eradicating extreme poverty. While we have learned much about what works in terms of reducing poverty, “getting to zero” remains a challenge in the face of the intractable difficulties of reaching those mired in extreme poverty.

The report  focuses on the very poor and will set out, in concrete terms:

• The nature and dimensions of poverty today

• What development co-operation – and the global partnerships it supports – can do in the fight against poverty

The DCR 2013 will focus on the positive experiences of countries, highlighting policies and approaches that have worked.

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Making international development co-operation smart enough to end poverty

In the fast-evolving landscape of development financing, this chapter asks What role now for official development assistance? For many years, it has made a difference for millions of people all over the world – will this continue to be the case in the future given the economic crisis in Europe, the rise in private sector development finance, the growing reliance on domestic taxes to fuel development, and the strengthening role of co-operation among countries of the South? The answer to the question is yes, but only if aid gets smart: in other words if it’s effective, well-targeted (to the poorest countries and communities) and well co-ordinated. The author outlines key steps for making aid (official development assistance or ODA) smart enough to help the global community end poverty. These include ensuring that development assistance adapts nimbly and effectively to the needs, challenges and priorities that will define the post-2015 development framework; establishing a new development finance framework that brings together all the options provided by OECD countries – not only ODA; and holding each other accountable through an internationally recognised, open and transparent system to report on and publicise development financing efforts and the resources that actually flow to developing countries.

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