publication . Book . 2017

Five steps to smarter multi-bi aid: a new way forward for earmarked finance

Reinsberg, Bernhard;
Open Access English
  • Published: 01 Apr 2017
  • Publisher: Overseas Development Institute
  • Country: India
Abstract
Multi-bi aid – donor contributions to multilateral organisations earmarked for specific purposes – is an important channel for financing development, and is expected to grow. Yet multi-bi aid poses significant challenges for both multilateral and bilateral actors, including lack of alignment with recipient-country priorities, aid fragmentation, and increased transaction costs. This report explores the potential for smart reforms of multi-bi aid.\ud \ud A five-step plan to improve multi-bi aid requires:\ud \ud better data-access and management;\ud recovering the full economic cost of earmarking;\ud fee structures for improving impact;\ud stronger internal rules t...
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