Official Development Assistance (ODA) is more than just cash. It is a powerful way to make a difference where it matters most. 

It is aimed at improving economic development and welfare for millions of people. ODA, also referred to as aid, means having access to electricity and medical care, having food on the table, or even having an opportunity for a better future.

Global ODA reached record levels in 2022, $287 billion at constant 2021 prices, but continues to fall short of the SDG 17 aid target. 

ODA from DAC donors remained $143 billion below the SDG 17 aid target of 0.7% of their gross national income. Moreover the aid landscape is undergoing shifts that may be detrimental to the development aspiration of some countries.

Report by the United Nations Conference on Trade and Development