The Organization for Economic Co-operation and Development (OECD) has highlighted that Russia’s war of aggression against Ukraine is having significant impacts on Official Development Assistance (ODA). This conflict has resulted in both direct and indirect changes in the composition and pressures shaping ODA at a global level.
According to the latest OECD report, there have been significant increases in support to Ukraine, as well as in spending on hosting refugees in OECD countries, leading to ODA reaching its highest recorded level. These funds are being used to assist Ukraine in its reconstruction efforts and to provide humanitarian aid to refugees.
However, this surge in ODA directed towards Ukraine and refugees has created additional pressures elsewhere, especially in low- and middle-income countries. The demand for resources was already on the rise due to the COVID-19 crisis, and the conflict between Russia and Ukraine has resulted in changes in the type and level of support required by these countries.
The report emphasizes the importance of an effective response from the international development cooperation community to this unprecedented demand. Additionally, some trends expected to impact ODA in the years 2023 and 2024 are highlighted.
In summary, the war between Russia and Ukraine is generating significant impacts on Official Development Assistance. The OECD underscores the need to address this growing demand and adapt development strategies to ensure that every ODA dollar has the maximum impact in the affected countries.
Read the full report here.