Significant MDG gains risk slowing under declining aid
The MDG Gap Task Force issued a new report, entitled “The Global Partnership for Development: Making Rhetoric a Reality” where, in his preface to the report, UN Secretary-General urges development partners to deliver on commitments to remain credible.
New Horizons - The report warns that despite several important global targets being met ahead of the 2015 deadline, for the first time in many years aid shows a decline that risks slowing the momentum of significant development gains.
With no apparent commitment by donor governments to reverse the trend, it is possible that fewer of the Millennium Development Goals (MDGs), the UN’s poverty reduction targets, will be reached in fewer countries by the 2015 deadline.
In the MDG Gap Task Force Report, experts from across the UN system found difficulty in identifying areas of significant new progress in the global partnership to achieve the Goals, and for the first time there are signs of backsliding.
Official Development Assistance fell by 3 percent
After reaching a peak in 2010, the volume of Official Development Assistance (ODA) fell almost 3 percent in 2011, as measured in constant prices and exchange rates.
Citing a $167 billion gap between actual aid disbursement and the amounts committed, the Report of the MDG Gap Task Force warns that a delayed impact from the economic crisis on donor country budgets between 2013 and 2015 threatens to further widen the delivery gap.
Meeting the remaining targets by 2015 is still possible
While the funding challenges are enormous, global targets on poverty, water, slums and parity between girls and boys in primary education have been met, according to this year’s UN Millennium Development Goals Report, issued in July. Also, there have been significant improvements in access to primary education and availability of HIV treatment.
The report concluded that while challenging, meeting the remaining targets by 2015 is still possible, but only if Governments do not waiver from their commitments made over a decade ago and international support is adequate.
The report offers recommendations for the global community to sustain momentum on important MDG gains.