Tag: Official Development Assistance (ODA)

• Monday, June 9th 2025 - 10:59 UTC

  Lula condemns drop in financial assistance to developing countries amid surging military spending

  

  Brazilian President Luiz Inácio Lula da Silva condemned on Sunday the reduction in financial aid for environmental, economic, and social causes from wealthier countries to the poorer nations, highlighting a 7% drop in Official Development Assistance (ODA) in 2024, while military spending increased by 9.4%.

• Thursday, April 24th 2025 - 18:10 UTC

  Darwin Plus projects in Falklands, and UK Prime Minister’s ODA (Development Assistance) Announcement

  

  On the 25 February, the UK Prime Minister announced that the UK will increase defence spending to 2.5% of UK gross national income (GNI) from 2027. This will fund the capabilities, technology and industrial capacity vital to keep the UK and allies safe amid an era of renewed state conflict.

• Monday, May 7th 2018 - 08:54 UTC

  British Embassy in Buenos Aires launches call for project bids for 2018

  

  The British Embassy is inviting all interested parties to submit their proposals for the British Embassy Buenos Aires Project Fund 2018. The British Embassy has been allocated program funds for UK financial year 2018/2019. The fund is part of the UK’s total Official Development Assistance (ODA) commitment of 0.7% of GNI.

• Friday, July 24th 2015 - 20:21 UTC

  Tourism as a tool for development under-financed, claims Taleb Rifai

  

  Tourism’s underrepresentation in international financing for development flows remains a critical hurdle to overcome in order to fully deploy its development potential. Despite being a high impact economic activity, a major job generator and key export sector accounting for 6% of total world trade, tourism receives only 0.78% of the total Aid for Trade (AfT) disbursements and a mere 0.097% of the total Official Development Assistance (ODA).