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Title page 1

Contents 4

Acknowledgments 6

List of Contributors 7

Abbreviations & Acronyms 9

Executive Summary 11

1. The Reform of Official Development Assistance: Why It's Needed and What Should Change 14

PART 1. Setting the Scene for ODA Reform 31

2. Is the International Development Architecture Fit for Tomorrow's Challenges? 32

3. Aid in the Interregnum 38

4. The Gordian Knot of International Development Cooperation 47

PART 2. Political and Institutional Realities 55

5. In Search of Metrics for a Post-North-South International Development Cooperation Agenda 56

6. The DAC to 2030: Evolution, Not Revolution 64

PART 3. Using ODA for Climate and for Leveraging Private Finance 69

7. Accounting for ODA and Climate Financing: A Cost-Benefit-Based Approach 70

8. The Unique Role of ODA in the Broader Development Finance Context 73

9. From Billions to...What? The Elusive Quest for Leverage 78

PART 4. New Proposals for Reinventing ODA 83

10. Towards Purpose-Driven Official Development Assistance 84

11. Make ODA Great Again (MOGA) or Make ODA Functional Again (MOFA)? This Is the Question 94

12. Reimagining Aid 99

Tables 5

TABLE 3.1. Four emerging rationales of official development assistance 41

Figures 5

FIGURE 1.1. Timeline of major changes to ODA definition, 1969-2023 19

FIGURE 3.1. Total bilateral ODA disbursements from DAC countries to emerging rationales, in US$ billions 41

FIGURE 3.2. Global public goods as a share of total Norwegian ODA, in Norwegian kroner billions (BNOK) 42

FIGURE 3.3. ODA from DAC countries and EU institutions to Ukraine and sub-Saharan Africa 42

FIGURE 3.4. Share of bilateral ODA from DAC countries over time, by country income groups 43

FIGURE 4.1. The Gordian knot of ODA 47

FIGURE 4.2. The evolution of ODA drivers over decades 48

FIGURE 4.3. Where are the resources to be mobilised for financing sustainable development? 50

FIGURE 4.4. State of cooperation of the DAC with different actors 52

FIGURE 9.1. Leverages in development finance 79

FIGURE 10.1. Country programmable aid over time, in US$ billions 86

FIGURE 10.2. Channels used by selected donors for CPA disbursements, 2022 87

FIGURE 10.3. Median number of donors/channels per low or lower middle-income country 87

Boxes 5

BOX 1.1. WHAT IS ODA? 15

BOX 1.2. WHAT IS TOSSD? 22

BOX 1.3. PROPOSALS FOR "NARROWING" ODA 23