Voluntary contribution to the OECD Development Assistance Committee´s (DAC) Programme of Work and Budget 2021-22
Development cooperation , 15.07.2021

Voluntary contribution to the OECD Development Assistance Committee´s (DAC) Programme of Work and Budget 2021-22

Description

Voluntary contribution of 500 000 euros to the OECD Development Assistance Committee’s (DAC) Programme of Work and Budget (PWB) for the biennium 2021-22. The contribution will be paid in two installments: 1. installment of 250 000 EUR will be paid in 2021 and the 2. instalment in 2022. Finland’s contribution to the PWB is un-earmarked. The OECD/DAC has a central role in the international development policy as a forum of many of the largest providers of aid. Its core activities include monitoring Official Development Assistance (ODA), setting development co-operation standards, providing guidance on policy approaches, and conducting regular peer reviews of its members. Finland is an active participant in the DAC committee and its subsidiary bodies. Finland benefits from the DAC’s research and analysis work, and it provides an important forum for Finland to participate in the international development policy. DAC also helps Finland to make its development policy and programmes more effective through peer reviews that provide in-depth examinations of development systems and policies, including lessons learned. The overarching objective of the DAC for the period 2018-2022 is to promote development co-operation and other relevant policies so as to contribute to implementation of the 2030 Agenda for Sustainable Development. The 2021-22 Programme of Work and Budget contributes to the overarching objective. The PWB includes five output areas: 1. Mobilising and aligning finance for the 2030 Agenda; 2. Making development co-operation more effective, impactful and inclusive including through partnerships and innovation; 3. Preventing and addressing fragility and crises; 4. Tackling poverty and inequalities, achieving gender equality, and enabling inclusive governance in order to leave no one behind; and 5. Promoting climate objectives and sustainable management and use of natural capital The budget envelope of the PWB is 39.1 million EUR. The PWB contributes indirectly to all Finland's development policy and cooperation's priories (except education).

Funding decision  15.07.2021

500 000 €

Target region

Developing countries

Objectives monitored by OECD's Development Assistance Committee

  • Aid to environment
  • Gender equality
  • Participatory development/Good governance

Field of activity

  • Sectors not specified 100%

Type of aid

Contributions to specific-purpose programmes and funds managed by international organisations (multilateral, INGO)

Special target group

  • girls

Funding channel

Tal yhteist ja kehityksen järjestö

Contact

keo-10

Code for the object of funding

89860301

ID

UHA2021-002042

Modified

16.07.2021