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Expert Group Meeting on Improving Transit Cooperation, Trade and Trade Facilitation for the Benefit of the LLDCs Briefing on LLDCs’ Concessional Financing 11 December - Conference Room 12 Secretariat Building – U.N. HQ, New York Guillaume Delalande OECD
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Context of the OECD DAC’s work on Financing to LLDCs An ongoing work strand of the DAC Secretariat on targeting of countries most in need The DAC HLM of December 2014 The Addis Ababa Action Agenda (AAAA) The 2030 Agenda for Sustainable Development
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Taking stock of funding trends, aid allocations have not particularly favored Landlocked developing countries Source: OECD DAC CRS Concessional Finance to LLDCs in USD billions from bilateral and multilateral providers
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Main providers of concessionnal finance to LLDCs Source : OECD DAC CRS Share of gross concessional finance by provider (2013)
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Landlocked developing countries are heavily dependent on concessional financing and all developing countries Source: OECD DAC CRS External finance to LLDCs and developing countries 2013 DAC and multilateral organisations
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Support to LLDCs mainly take the form of grants 18% 82% Source: OECD/DAC Statistics Concessional Loans and grants, from bilateral DAC members, non-DAC members and multilateral organisations.
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A need to step up efforts towards LLDCs as part of the 2030 agenda Source: OECD calculations and estimates based on OECD/DAC Statistics and data reported to the 2014 DAC Survey on Donors’ Forward Spending Plans. Average annual CPA growth in Landlocked developing countries.
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Without forgetting other sectors, renewed efforts will be needed in economic infrastructure Source: OECD/DAC Statistics Sectoral share of CPA by sector (2013)
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Conclusion The need for LLDCS and all actors engaged with them to continue advocating for an increased ambition and additional financing towards LLDCs. Providers’ support should particularly target the most relevant sectors, taking into account LLDC’s specific development challenges.
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Thank you ! http://www.oecd.org/dac/financing-sustainable-development/
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