New analysis published by ONE today has given the final verdict on the aid promises that were made by world leaders at the G8 summit in Gleneagles in 2005. The DATA Report 2011, also sets out the steps that need to be taken to make a renewed push towards meeting the Millennium Development Goals. It suggests new innovative finance schemes and identifies other measures to support proven smart aid programmes that help the poorest people in the poorest nations build a path out of poverty.
Key points from the report are:
- Collectively the G7 delivered 61% of the increased aid they promised in 2005 to sub-Saharan Africa by 2010.
- The increases were largely a result of the UK making commendable progress towards its very ambitious target, and the US, Japan and Canada surpassing their relatively modest targets.
- Yet again Italy’s performance is condemnable, falling far short of its promises to the world’s poorest people.
- France and Germany have also failed to meet their ambitious targets.
- The failure of the G8 to keep their promises deprived the world’s poorest people of $7bn in financing for effective and life-changing programmes in 2010 alone.
- Despite the overall shortfall, there have been historic increases in aid to sub-Saharan Africa since 2000, and especially since 2005 and the promises of the Gleneagles G8 Summit which was a response to the global Make Poverty History campaign.
- Much of this smart aid went towards programmes that are delivering real results in sub-Saharan Africa. Together with African efforts, aid has helped to avert the deaths of 750,000 children from malaria; allowed 46.5 million children to enrol in school for the first time; provided 4 million Africans with anti-AIDS drugs; and helped boost agricultural productivity by 50% in 17 African countries.
- Emerging economies such as Brazil, India, China and Russia have been steadily increasing their aid to sub-Saharan Africa in recent years, along with increased trade and investment with African countries. However, because most of these new donors do not report their development assistance data to the DAC, the DATA Report does not compare them with traditional donors.
Launching the report Jamie Drummond, Executive Director of ONE, said:
“Unfortunately it comes as no surprise that Prime Minister Berlusconi has yet again abjectly failed to deliver on his promises – and we continue to call for Italy to be at least temporarily removed from the G8 for this reason. But it’s worrying that President Sarkozy and France are so far behind in a year when so much is expected of them as hosts of the G8 and G20, and at a time when African development, peace and democracy is at the top of the global agenda. It is also hugely disappointing that Germany – which has weathered the economic storm so well – has performed so badly on its development promises. These three nations must urgently get back on track by setting out clear timetables to meet the promises they made to give 0.7% of their national incomes as overseas aid by 2015. At the same time, non-European G8 countries like the US, Canada and Japan should set new, ambitious commitments for aid to sub-Saharan Africa.”
However, it is clear that even if G8 donors meet all their existing and future promises on aid, much more money needs to be invested in developing countries if we are to reach the Millennium Development Goals and pull millions of people out of poverty.
That is why the DATA Report outlines 6 options for the G8 and G20 to generate innovative financing for development. These range from financial sector levies to African diaspora bonds, and could each help to raise billions of dollars to help fund smart aid programmes.
In this time of global austerity, the DATA Report also looks at how donors have performed against targets to improve the effectiveness of aid to ensure that their investments have the biggest possible impact, although a thorough analysis of progress was not possible due to a lack of available data. However the report did note that some donors, notably the UK, US and Canada, are increasingly emphasizing results by setting clear targets for the outcomes they intend to achieve with their aid. When countries meet for the High Level Forum on Aid Effectiveness in South Korea later this year they should set clear standards for monitoring these results. They should also renew their efforts to improve aid and budget transparency and meet their commitments from previous aid effectiveness forums in Paris and Accra.
Check out the report, including interactive datasets, at one.org/data