MDG Gap Task Force Report 2013 - The Challenge We Face
Mixed results on MDG8 commitments by international community
Agreements during the Rio+20 conference on sustainable development in 2012 and recent meetings of the UN, G8, G20, World Bank Group and others point to efforts being made to find ways to enhance global development and reduce poverty through traditional means, as well as new, innovative methods and partnerships.
Official development assistance (ODA) declined for a second consecutive year in 2012, falling 4 per cent, down to $125.9 billion from $134 billion in 2011. Reductions were mainly were due to fiscal austerity measures by countries in the European Union. On the positive side, several countries, including EU members, either increased aid in 2012 or met the UN target of allocating 0.7 per cent of gross national income to aid.