At USD 204 billion in 2022, official development assistance (ODA) from the 31 richest countries has reached an all-time high, an increase of 13.6% in real terms (USD 186 billion in 2021), according to the OECD’s preliminary data on ODA by member countries of the Development Assistance Committee (DAC), released on Wednesday 12 April.
USD 204 billion is 0.36% of donors’ combined Gross National Income (GNI) (up from 0.33% in 2021), still far from the UN target of 0.7%, but the highest...