International development cooperation in numbers - ODA ha s risen to record highs in recent years, but still falls short of commitments and is under

It also encouraged MDBs to update and develop their also provided vital countercyclical support to developing countries in times policies in support of the sustainable development agenda and establish of crisis, as evidenced by the sharp increase in disbursements following the a process to examine their own scale, roles and functions in order to 2008 world financial and economic crisis and the rec. [...] The development of a United Nations Conceptual Framework to The history of South-South cooperation dates back over 70 years, marked Measure South-South Cooperation marks a breakthrough in the by the establishment of the first United Nations technical aid programme measurement of South-South cooperation, allowing for the quan- by the Economic and Social Council in 1949. [...] evolution of triangular cooperation and its effectiveness, there is a need There is also a subset of Southern providers that report to the for all partners to improve the monitoring and reporting of its use at the OECD: over the past two decades, development assistance flows national level, and to encourage better monitoring at the regional and from the 19 non-DAC countries that report to the OECD. [...] C.2 Innovative tool to measure the effectiveness of South-South Cooperation Between 2020 and 2022, Colombia, a member of the Steering Commit- In the results, country ownership was found to be the most well-applied tee of the Global Partnership for Effective Development Co-operation principle among respondents, potentially explained by the highly (GPEDC), led the development of a Self-Assessment Fr. [...] in 2020 in the wake of the pandemic, so too has the proliferation of In addition, there has been a significant shift in the allocation of official finance providers and implementing entities and the continued aid towards facilities dedicated to specific sectors or themes.