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The OECD launches Luxembourg’s DAC Peer Review

Published Monday October 23 2017

The Peer Review by the OECD’s Development Assistance Committee (DAC) of Luxembourg’s Development Cooperation concluded that Luxembourg is a generous aid donor and solid ally to partner countries. Its development profile stands out thanks to...

• ... a vision for development shared across government and by the public, which guides its co-operation policy and international action, and establishing it as a strong actor in the success of the 2030 Agenda.

• ... a high volume of official development assistance - around 1% of its GNI since 2000 - focused on a small number of sectors and countries, boosting the impact of its co-operation programme, its visibility and its influence.

• ... a practice of the Busan principles, both in terms of organisation and programming, which further contributes to development effectiveness.

The Chair of the DAC, Charlotte Petri Gornitzka, commented that “Luxembourg’s unwavering commitment to development aid, which it keeps separate from funding for refugees and climate finance, sets an example to other DAC members,” and recommended that “Looking ahead, Luxembourg could use its experience in green finance to explore possibilities offered by its financial sector  to mobilise additional funding and partnerships for development.”

 

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