OECD Publishes 2014 Official Development Assistance Figures

The OECD recently published its final official development assistance (ODA) figures for 2014. According to the findings, in 2014, final figures for net ODA flows from OECD Development Assistance Committee (DAC) member countries totaled $137.2 billion, marking an increase of 1.2 percent in real terms over 2013 and surpassing the all-time high in 2013.

In the past 15 years, net ODA has been rising steadily and has increased by nearly 70 percent since 2000. The largest DAC donor countries by volume were the United States, the United Kingdom, Germany, France and Japan.  Denmark, Luxembourg, Norway, Sweden and the United Kingdom continued to exceed the United Nations’ ODA target of 0.7 percent of gross national income.

Global DevelopmentAlthough net ODA has been increasing over time, estimates by the United Nations show that the needs for financing the Sustainable Development Goals (SDGs) will $4 trillion. USCIB has noted that ODA cannot do the job of development finance by itself. In order to move from the “billions to trillions” in development finance, policymakers will need to catalyze more private investment, especially in least developed countries.

More information about the evolving role of ODA and the rise of blended finance is available at USCIB’s Business for 2030 web portal about private sector engagement with the UN SDGs.

Staff Contact:   Ewa Staworzynska

Director, Corporate Responsibility and Labor Affairs
Tel: 212.703.5056

Ewa Staworzynska is USCIB’s Director of Corporate Responsibility and Labor Affairs. Staworzynska brings to USCIB her extensive policy experience from both public and private sectors. Prior to joining USCIB, she led DoorDash’s policy efforts in international markets and was in charge of diplomatic relations. Before her position at DoorDash, Staworzynska was an officer at the International Labor Organization (ILO), where she worked multilaterally to advance support for decent work and related policies at UN headquarters. Staworzynska began her career in New York working for a real estate start-up. Staworzynska will be based in USCIB’s New York office and will work with Jose Arroyo, USCIB policy associate on corporate responsibility and labor affairs, on a wide range of issues, including human rights and industrial policy, responsible business conduct, and the UN Sustainable Development Goals (SDGs). She was born and raised in Norway and has a B.A. in Economics and M.A. in International Relations, with a specialty in International Business, from New York University.
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