“Private development cooperation” should be understood as “activities by the private sector which aim primarily to support development, do not have profit as their primary aim (and are therefore in grant form), and involve a transfer of resources to developing countries”. This includes private activities – financial and non- financial – in support of development, mainly provided by non- governmental organizations and philanthropic and grant-making organizations and individuals. It excludes all other types of private flows not primarily aiming at development, including FDI. The Draft Addis Ababa Accord welcomes the rapid growth of philanthropic giving and its flexibility and capacity for innovation and taking risks (paragraph 42, as of 25 June 2015).
Following high-level meetings last week in Paris at the Organization for Economic Cooperation and Development, aid practitioners will soon see changes to the way official development assistance is spent, monitored and reported. The definition of ODA will now include more peace and security-related costs, certain costs related to “countering violent extremism” and will give donors greater incentives to use non-grant financial instruments to encourage private sector development in least developed countries.
While the OECD’s Development Assistance Committee has yet to release specific safeguards for the new and amended guidelines, many in the aid community have responded with cautious optimism to the shifts, with an eye on making sure greater flexibility and broader classification of ODA doesn’t lead to aid abuse.
Private Aid - Aid for Trade
Growth in economic activity is essential for creating conditions for people to overcome multiple dimensions of poverty throughout the world. The private sector, often broadly defined, has been seen as the engine for economic growth. Yet the private sector includes a wide variety of actors, from large private enterprises whose primary purpose is to maximize profits for shareholders, to millions of individuals who conduct private economic activities to support themselves and their families. Not enough attention has been given by development actors to the nature of different private economic actors and activity, and related policies for improving and sustaining livelihoods for people living in poverty.
Anti Money Laundering Solutions for the Social Sector
Non-profit organisations (NPOs) play a vital role in the world economy and in many national economies and social systems. Their efforts complement the activity of the governmental and business sectors in providing essential services, comfort and hope to those in need around the world. The ongoing international campaign against terrorist financing has unfortunately demonstrated, however, that terrorists and terrorist organisations exploit the NPO sector to raise and move funds, provide logistical support, encourage terrorist recruitment, or otherwise support terrorist organisations and operations. This misuse not only facilitates terrorist activity, but also undermines donor confidence and jeopardises the very integrity of NPOs.
TheBC.lab is currently engaged in several activities that focuses around our core values and mission. These activities range from NGO and Private Sector support to advocacy work for increasing transparency in Private Development Cooperation.
Links to research
Everyday our team explores the internet to seeks knowledge about the most pressing issues that affects and supports effective development. Take a regular at this section to learn more about the best researches currently available.
Support don't punish
The harms being caused by the war on drugs can no longer be ignored.
SUPPORT. DON’T PUNISH. is a global advocacy campaign calling for better drug policies that prioritise public health and human rights.
The War on Drugs - What happens after UNGASS
The United Nations General Assembly Special Session (UNGASS) on drugs took place between 19-21 April. On the eve of the meeting, a well-attended Civil Society Forum was organised by the Civil Society Task Force (CSTF). The Outcome Document, negotiated at the 59th Session of the Commission on Narcotic Drugs (CND) in Vienna, was adopted in the UNGASS opening session without a vote. For a summarised record of the plenary meetings, the five round tables and a number of side events at the UNGASS please visit the CND Blog. For those who have not read it yet, we also encourage you to have a look at the new IDPC Drug Policy Guide and share it widely! Finally, you can already start planning your participation to the Day of Action 2016 as part of the Support. Don’t Punish campaign.