Development Co-operation Report 2014

Mobilising Resources for Sustainable Development

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The Development Co-operation Report (DCR) is a yearly report by the Chair of the Development Assistance Committee (DAC) that addresses important challenges for the international development community and provides practical guidance and recommendations on how to tackle them. Moreover, it reports the profiles and performance of DAC development co-operation providers and presents DAC statistics on official development assistance (ODA) and private resource flows.

The Development Co-operation Report 2014: Mobilising resources for sustainable development is the second in a trilogy (2013-15) focusing on “Global Development Co-operation Post-2015: Managing Interdependence”. The report provides an overview of the sources of finance available to developing countries and proposes recommendations on how to mobilise further resources. It also explores how to mobilise resources to finance the provision of global public goods: for example, to combat climate change, promote peace and security, and create a fair and equal trading system.

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How can development co-operation address global challenges?

Poverty reduction is increasingly dependent on the equal distribution and provision of global public goods, such as a stable climate, a solid financial environment, fair trade and freedom from infectious disease. This chapter asks how official development assistance (ODA) can respond to these global challenges. A new concept of international development is proposed, with clear targets for global public goods; targeting of ODA to support the least developed countries and fragile states; and a view of development co-operation as part of a broader and more complex global agenda, involving both the public and the private sector, including civil society. The post-2015 goals offer an important opportunity to better align the policy agendas of developing and developed countries and to signal a refreshed commitment to finding new financing sources to fund shared goals. Achieving them will require greater solidarity among all nations and coherence of both domestic and foreign policies.

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