Vital Signs Volume 21: The Trends That Are Shaping Our Future by The Worldwatch Institute
Author:The Worldwatch Institute [The Worldwatch Institute]
Language: eng
Format: epub
Tags: science, General, Environmental Science, nature, Environmental Conservation & Protection
ISBN: 9781610915397
Google: Cu3pwAEACAAJ
Publisher: Island Press
Published: 2014-09-16T23:41:22.927521+00:00
Development Aid Falls Short, While Other Financial Flows Show Rising Volatility
Michael Renner and Cameron Scherer
Michael Renner is a senior researcher at Worldwatch Institute and codirector of State of the World 2014. Cameron Scherer is a program associate at Internews.
As the world approaches the 2015 deadline for achieving the Millennium Development Goals outlined in 2000, development aid by the 26 members of the Development Assistance Committee (DAC) of the Organisation for Economic Cooperation and Development declined in 2012 for the second year.1 Preliminary data indicate that official development assistance (ODA) totaled $128.4 billion (in 2011 dollars) that year, down 4 percent from $133.7 billion in 2011.2 (See Figure 1.) The 2012 figure marks a 6-percent decline from 2010, when global ODA peaked at $136.7 billion.3
Figure 1. OECD Official Development Assistance, 1960â2012
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