Post by account_disabled on Feb 17, 2024 23:20:51 GMT -6
Official Development Assistance (ODA) is an initiative that originated within the Organization for Economic Cooperation and Development (OECD) during the 1970s, and whose objective was to create a system of contributions from the richest and most developed to the poorest or developing countries. The system contemplates donations and low-interest credits provided by official agencies of a State to promote development and economic and social well-being in a third country. We have prepared this post for you to know! Africa - Burkina Faso - opportunities A woman at her stall selling corn, sorghum and peanuts at the Kaya market (Burkina Faso). Drought and rising food prices place people living in the Burkinabe Sahel at risk of food insecurity. (c) Pablo Tosco / Oxfam Intermón Donations can be of two kinds: financial (money) or technical (knowledge). In any case, its transfer can be made directly to the institutions of the recipient country or through multilateral development organizations, such as the United Nations.
Addition to having these objectives and being designed by official entities, for an aid program to be included in the ODA category, it must be directed to countries or territories that are included in the Development Assistance Committee (CAD), that is, in those places with certified needs to support the granting of funds. Do you know what this committee entails? The keys below! Official Development Assistance: evolution of the concept and types The work of ODA has been questioned on many occasions, perhaps from its Asia Mobile Number List very origin, since at various times in history it has been used as an economic or foreign policy weapon by different agents. In response to this, in recent decades there has been a rethinking of the evaluation, impact and regulation criteria that have given rise to more effective, transparent and independent processes. Which is very positive! Currently, the group of the 22 richest countries in the world allocates 0.7% of their Gross Domestic Product to development projects in third countries. There are two modalities for this type of aid to become effective: Multilateral aid This is the type of aid intended for Multilateral Development Organizations OMUDES.
Those who make contributions can do so voluntarily or obligatorily. bilateral aid It is the type of aid that directly involves two countries. It can be made effective through channels in which both the authorities of the recipient country and the donor country intervene. Another option is to do it through OMUDES funds or programs. Unlike the multilateral aid model, in this case the amount and geographical allocation of the funds destined for development work are known. To give you an idea of what can be achieved with development aid, an NGO like Oxfam Intermón, with its work during the 2014/2015 financial year, has ensured that 3.8 million people have been able to live with dignity . What is the current situation of Official Development Assistance? Recently, the declarations of the Millennium Summit (2000) and the Paris Declaration (2005) have highlighted the need to increase the contributions collected annually for this purpose. This is basically due to the increase in people in the world affected by wars, natural disasters, environmental phenomena, inequality or poverty, among other factors. According to the latest data from international organizations, nearly 102 million people currently require humanitarian assistance, of which 78 million are in a situation of extreme vulnerability.