Institutional Support to the Development Assistance Committee (DAC) of the OECD 2015

This grant represents Canada’s annual institutional support to the Organization for Economic Cooperation and Development (OECD) Development Assistance Committee (DAC). OECD-DAC uses these funds along with other donors’ funding to achieve its mandate. OECD-DAC’s mandate is to promote development co-operation and other policies so as to contribute to sustainable development including pro-poor economic growth poverty reduction improvement of living standards in developing countries and a future in which no country will depend on aid. Canada’s funding to OECD-DAC supports the activities of the OECD-DAC 2015-2016 Program of Work and Budget.

The expected outcomes as detailed in the OECD-DAC 2015-2016 Programme of Work and Budget include: (1) improved data on the modernized measurement of Official Development Assistance (ODA); (2) enhanced understanding of how development cooperation can leverage private sector financing for development; (3) increased capacity of developing countries to mobilise domestic resources for development finance; (4) enhanced accountability of development cooperation through strengthened statistical systems in developing countries; and (5) more effective development partnerships to deliver the Post-2015 framework.