Wednesday, December 11, 2019

May / 2019

Billions in Swedish aid at stake as political strife clouds new OECD refugee reporting

 
As Sweden adopts the new OECD rules for reporting domestic refugee costs as official development assistance (ODA), a struggle within the Swedish government has broken out over how to fill gaps in the fiscal budget. Development Minister Peter Eriksson lost the first battle. Billions of crowns in future aid might be at stake as Sweden adopts new reporting rules for aid.
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Reliance on private capital makes IFU shy away from investments in poorest countries

 
Due to its heavy reliance on private capital, the Danish aid-financed investment fund (IFU) has shied away from risky investments and prioritised middle-income countries. The first evaluation of IFU in 14 years calls for a stronger focus on poor and fragile states.
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Pledges to put Africa first and to stand firm against special interests

 
Dag-Inge Ulstein, Norway’s freshman Development Minister, wants to reverse a decade-long downward trend by increasing Norwegian aid to Africa. To succeed, he will have to say ‘no’ to other priorities.
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Denmark aims to be a ‘green pioneer,’ but falls short as donor to Green Climate Fund

 
While Sweden, Norway and Finland have been among the top donors to the Green Climate Fund, Denmark is far behind. In the upcoming replenishment of the fund, Denmark must increase its funding three-fold to cover its minimum fair share, according to an overview by Oxfam.
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Government talks are litmus test for scaling up of Finnish aid

 
Finland’s Development Policy Committee, representing all the political parties, calls for an urgent long-term pledge to raise aid to 0.7 per cent of Gross National Income (GNI). The first test for the plan will be the on-going talks to form a new Finnish government in the wake of the election.
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Sida opens SEK 1.9b NGO pie for competition

 
Sida is opening a funding pot worth SEK 1.9 billion to new Swedish NGOs. For almost a decade 15 organisations have had exclusive access to these multi-year grants. Joining this group can be highly lucrative and can mean hundreds of millions of crowns in stable, long-term financing. Access to this money for “new” organisations  has only been opened a few times over the past 20 years, and each time it has, the competition has been fierce.
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OECD to Norway: be more pragmatic when fighting corruption in aid

 
An OECD review recognises Norway’s multilateral efforts but warns that too many new global health instruments could undermine the UN and contribute to fragmentation. It also calls for a more “pragmatic and proportionate approach” to corruption, especially in fragile states. (To be updated)
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