The Multilateral Development Finance 2022 report provides an overview of the complex and evolving challenges faced by the multilateral development system. It formulates actionable policy recommendations for it to continue delivering on the 2030 Agenda in the face of successive and mutually reinforcing crises. Chapter 1 provides an overview of the main findings. Chapter 2 presents the scope of multilateral development finance and describes how the challenging global context is reshaping the system and increasing the need for reform. Chapter 3 examines funding to the multilateral development system, and reviews the implications of recent attempts to diversify and optimise funding sources. Chapter 4 sheds light on the activities financed by the multilateral development system, and outlines a path to maximise its contribution to an inclusive and sustainable recovery in developing countries.

The Multilateral Development Finance 2022 report was prepared by the Financing for Sustainable Development (FSD) division of the OECD Development Co-operation Directorate. It is part of the directorate’s work on multilateral development co-operation. The report was prepared by Abdoulaye Fabregas, Jieun Kim, Julian Kath and Qquillaccori Garcia Lopez, under the overall supervision of Olivier Cattaneo (Head of Unit, Policy Analysis and Strategy) and Haje Schütte (Head of Division, FSD).

The report has benefitted from the contributions of many colleagues. The authors would like to particularly thank the following: Ashley Palmer and Valentina Orru, for their contribution on the Global Partnership for Effective Development Co-operation monitoring exercise; Cecilia Piemonte for her inputs on the access of small island developing states to green funds; Juan Casado Asensio and Dominique Blaquier for their analyses on multilateral finance for biodiversity-related activities; Erika MacLaughlin and Edward Hainsworth for inputs on multilateral co-ordination in response to the COVID-19 crisis; Matthew Bowie for his inputs on the development infrastructure initiatives of G7 and G20 members; Julie Seghers and Julia Schnatz for their inputs on the contribution of official development assistance (ODA) to poverty and inequality reduction; Olivier Bouret and Jenny Hedman for their analyses of multilateral outflows for gender equality; and Marisa Berbegal, Giorgio Gualberti, Aussama Bejraoui, Harsh Desai, Andrzej Suchodolski and Tomas Hos for their statistical advice.

Rahul Malhotra, Emily Bosch, Ashley Palmer, Rachel Scott, Jenny Hedman, Kerri Elgar, Edward Hainsworth, Erika MacLaughlin, Alissa Krüger, Julie Seghers, Julia Schnatz, Harsh Desai, Marisa Berbegal and Sidney Leclerq have all significantly helped improve the report and the authors are grateful for their review and substantive comments.

The report benefitted from consultations with external partners from research institutes, academia and multilateral organisations, including: the Institute for Sustainable Development and International Relations, German Institute of Development and Sustainability, Dag Hammarskjöld Foundation, World Bank Group (WBG), United Nations Department of Economic and Social Affairs, United Nations Development Programme and the United Nations Development Coordination Office. Members of the OECD Development Assistance Committee (DAC) provided overall strategic guidance.

The authors are grateful for the support received from Stephanie Coic on graphic design, as well as for the editorial support provided by Fiona Hinchcliffe. Joelle Bassoul, Laura Sahun, Preeya Khongwir, Ola Kasneci, Meria Greco and Jessica Voorhees facilitated the publication and communications process, and Henri-Bernard Solignac-Lecomte provided strategic communications advice.

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