Reinsberg, B. (2017) Five steps to smarter multi-bi aid: a new way forward for earmarked finance. Project Report. Overseas Development Institute, London.
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Publisher's URL: https://www.odi.org/publications/10800-five-steps-smarter-multi-bi-aid-new-way-forward-earmarked-finance
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. A five-step plan to improve multi-bi aid requires: better data-access and management; recovering the full economic cost of earmarking; fee structures for improving impact; stronger internal rules to curb fragmentation; and better country ownership and participation. These reforms can make multi-bi aid more effective and efficient while enhancing its legitimacy in the eyes of recipients.
| Item Type: | Research Reports or Papers (Project Report) |
|---|---|
| Status: | Published |
| Glasgow Author(s) Enlighten ID: | Reinsberg, Dr Bernhard |
| Authors: | Reinsberg, B. |
| College/School: | College of Social Sciences > School of Social and Political Sciences > Politics |
| Publisher: | Overseas Development Institute |
| Copyright Holders: | Copyright © 2017 Overseas Development Institute |
| Publisher Policy: | Reproduced under a Creative Commons License |
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