Official Development Assistance (OECD & FfDO)

The Addis Agenda reaffirms official development assistance (ODA) commitments contained in both the Monterrey Consensus and the Doha Declaration on Financing for Development, including the commitment by many developed countries to achieve the target of 0.7 per cent of ODA/GNI and 0.15-0.2 per cent of ODA/GNI to the least developed countries. The Addis Agenda also goes beyond earlier international agreements. It highlights the importance of ODA for the poorest and most vulnerable countries and includes a commitment to reverse the recent decline in ODA to LDCs, to encourage ODA of 0.2 per cent of GNI to LDCs, and to recognize those countries that allocate at least 50 per cent of ODA to LDCs. It also commits to prioritizing the allocation of concessional international public finance to those with the greatest needs and least ability to mobilize other resources.