1887

Multilateral Development Finance 2022

image of Multilateral Development Finance 2022

Nearly three years after the outbreak of the COVID-19 pandemic, a succession of mutually reinforcing crises and a challenging global context are putting the multilateral development system under pressure. Multilateral development finance is stretched across an ever expanding list of priorities, ranging from humanitarian crisis response to the provision of global and regional public goods. The urgent nature of these crises requires renewed efforts to strengthen the financial capacity of the multilateral development system but should not divert attention from other parts of the reform agenda, such as the need to reduce the fragmentation of the multilateral architecture.

This third edition of the Multilateral Development Finance report presents recent trends in multilateral development finance in order to inform decisions by the members of the OECD Development Assistance Committee (DAC) on their strategic engagement with multilateral organisations. It presents an overview of challenges and ongoing reform efforts, and examines the evolution of financial flows to, and from, multilateral organisations. The report is supplemented by online statistics on DAC members’ multilateral contributions, available in the Development Co-operation Profiles.

English

Overview

Multilateral development organisations are at the heart of the development co-operation system. They channel a large and growing share of total official development assistance (ODA).The volume of ODA channelled through multilateral development organisations amounted to USD 78.6 billion in 2020, or 41% of total ODA (). This amount is made up of: (i) contributions to the budgets of multilateral organisations (known as “core” or “multilateral ODA”), representing 26% of total ODA; and (ii) non-core contributions earmarked through multilateral organisations (so-called “multi-bi aid”), accounting for 15% of total ODA. These non-core, or earmarked, contributions are resources channelled through multilateral organisations over which the donor retains some degree of control and that can be earmarked for a specific country, project, region, sector or theme. Although smaller in volume and share, earmarked contributions have been rising steadily over the past two decades, while the share of core contributions has remained constant.

English

Graphs

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error