Post Examines Role Of OECD’s DAC In Advancing Development, Achieving SDGs
Brookings Institution’s “Future Development”: In defense of traditional aid
Anthony F. Pipa, senior fellow for global economy and development at Brookings, discusses highlights from a roundtable discussion on the role of the Organization for Economic Cooperation and Development’s (OECD) Development Assistance Committee (DAC) and writes, “The DAC, the arbiter and guardian of official development assistance (ODA), is increasingly at risk of obsolescence. … Our roundtable discussion … highlighted that an uncertain environment and even lack of consensus provides the DAC a basis for renewal. … The DAC is … well-positioned to provide leadership in shepherding the shift from development aid to development finance, the much broader array of tools and capital that includes both public and private resources that will be necessary to achieve the scale of the [Sustainable Development Goals (SDGs)]. … Such a central focus on sustained and sustainable development impact, and the values that undergird it, should continue to set the DAC apart…” (2/12).