From residual to worthy: enhancing the value of ODA for Africa’s development
Abstract: The excessive focus of Official Development Aid (ODA) targets on the amount of disbursed assistance, instead on of the real impact of the assistance provided, has prevented ODA from playing the role as enabler of financing for development that was aimed when the 0.7 target was first established. In turn, this has undermined the sustainability of development financing and prevented African countries from mobilizing sufficient funds to accelerate the implementation of the Sustainable Development Goals. In order to revert this trend, this brief proposes evaluating ODA by its impact on achieving sustainabil?ity of financing and development efforts.
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