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Achieving the Sustainable Development Goals through Enhanced Development Cooperation in East and North-East Asia

image of Achieving the Sustainable Development Goals through Enhanced Development Cooperation in East and North-East Asia

East and North-East Asian (ENEA) economies have come to play an increasingly important role in foreign aid regime over the past couple of decades. They are key providers of development assistance; moreover, their development experiences and strategies continue to shape the landscape of development cooperation in the Asia-Pacific region and beyond. This report addresses: global and regional trends and opportunities on development cooperation; the ENEA experience in development cooperation; issues and challenges of development cooperation in the subregion; and enhancing development cooperation to achieve sustainable development. The varying experiences of the ENEA economies – most notably, their transition from being recipient to donors - could provide important lessons in development and the implementation of the 2030 Agenda for Sustainable Development.

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Trends and opportunities related to development cooperation

Development cooperation has been traditionally identified closely with aid through ODA. In this section, the changing global and regional landscape is considered from the aspects of: (a) the scale and source of financial flows as reported to the Development Assistance Committee (DAC) of the Organisation for Economic Co-operation and Development (OECD); and (b) the emergence of new forms and players in development assistance. The discussion includes development assistance beyond the definition of ODA.

English

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