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Multilateral Development Finance

Towards a New Pact on Multilateralism to Achieve the 2030 Agenda Together

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This report contributes to the broader international debate on why we need multilateralism and how to make it more effective to achieve the 2030 Agenda. At a time when the value of multilateralism is being questioned, the report provides new evidence and recommendations for a new “pact” on multilateralism. This pact would be founded on recognition of the mutual responsibility of sovereign states and multilateral institutions to create a stronger, more effective multilateral system.

The report offers a detailed overview of official development assistance (ODA) spending through the multilateral system. This year’s edition introduces three innovations. First, it examines the growing role of China, other sovereign states, philanthropy and the private sector as funders of multilateral organisations. Second, it analyses concessional and non-concessional spending by multilateral institutions, and discusses how multilateral action needs to adapt to the new development agenda. Third, it presents a new multi-dimensional metrics to measure the quality of multilateral funding, using financing to the World Health Organisation as a case study. Building on this evidence, the report outlines policy recommendations that provide a sound basis for principles of good multilateral donorship to deliver on the 2030 Agenda.

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Foreword

The OECD Multilateral Development Finance report (previously called ‘Multilateral Aid Report’ and henceforth ‘Report’) is a unique and internationally renowned reference for understanding developments in the multilateral development finance landscape. It provides a comprehensive baseline of data and analysis regarding the volume and nature of resources provided by the OECD Development Assistance Committee (DAC) members and providers beyond the DAC to support over 200 multilateral organisations that contribute to development in partner countries. It thus offers a unique ‘systemic view’ of the multilateral development system, going beyond individual multilateral organisations or groups of institutions. In addition, the Report assesses the state of play regarding the policies, funding mechanisms and interactions of provider countries vis-à-vis these institutions – and implications for their efficiency and effectiveness. By holding a mirror up to funders of the multilateral development system, the report shows them how they are collectively supporting the multilateral development system, it provides accountability for official development assistance (ODA) spending through the multilateral system and encourages mutual learning for bilateral providers to engage most effectively with the multilateral development system. The report Findings from past editions of the Report have fostered policy dialogue and learning among DAC members, emerging providers, multilateral organisations, practitioners and think tanks, contributing to greater effectiveness of the multilateral development system.

English

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