Tuesday, December 10, 2019

DT 13 / 2011

Signals new approach to climate aid

Denmark’s newly-appointed Development Minister Christian Friis-Bach aims to buck the trend of paying for climate projects out of the traditional aid budget. “If not, whenever you have international challenges you dive into the aid budget, and those who pay are the poor in the developing world,” he says.

Donors hold back SEK 1 billion from Zambia

The corruption scandal of 2009 in Zambia’s Health Ministry has been an expensive business for the government. Donors have held back their aid, but they worry that the deep cuts in funding have damaged health services, especially in rural areas.

Stoltenberg’s fingerprints on Norwegian aid budget

For the third year in a row, Norway scales back its aid level. At the same time, it continues to use aid to fund high-profile thematic initiatives and networking with emerging global powers, while the focus on Africa is weakened. GAVI, forest carbon projects and renewable energy are winners in next year’s budget.

Nordic panel calls for more private sector aid funds

Policy makers should prioritise infrastructure financing and provide seed money to develop new projects that will kick off private investments in Africa. These are the recommendations of a high-level panel chaired by a former prime minister and four top Nordic business executives.