During the September 2010 United Nations summit on accelerating progress towards the Millennium Development Goals (MDGs), donor nations reaffirmed their commitments to increase official development assistance (ODA), many of them aiming to reach the target of 0.7 per cent of gross national income (GNI) and to extend 0.15-0.20 per cent of GNI as ODA to the least developed countries (LDCs). The European Union (EU) pledged to reach the 0.7 target by 2015. Countries that had set interim ODA volume goals for 2010 also pledged to try to meet them by year’s end.

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
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