OECD - Organisation for Economic Co-operation and Development

The Organisation for Economic Co-Operation and Development (OECD) is the successor to the Organisation for European Economic Co-operation (OEEC) established in 1947 to manage the implementation of the Marshall Plan for the reconstruction of Europe in post-World War II Europe. In view of the success of this organisation and after it had fulfilled its objective, it became the OECD. The new Treaty entered into effect in September 1961, giving rise to a new organisation and with it a number of committees, including the Development Assistance Committee (DAC).

The year 2011 marked the 50th anniversary of the OECD and the OECD Ministerial Council Meeting in May 2011 was a historic moment by launching a new, global and integrated, cross-organisational development approach, introducing a New Development Paradigm and deciding to develop a Global Strategy for Development. he OECD is increasingly moving towards a more comprehensive vision, promoting development policy coherence, and Portugal, as a founding member of the OECD, forms part of the DAC as a member country, having held its Vice Presidency for a period. Portugal monitors the work of this Committee, whether through its plenary, high-level or senior official meetings, or through the various groups and networks comprising it, namely:

On average, every four years, DAC member countries are evaluated by their peers for the policies and practices they are implementing in development co-operation. Portugal was evaluated by its peers in October 2015.

In addition to the DAC, the OECD Development Cluster is also comprised of the Development Centre, and the Sahel and West Africa Club. Portugal participates in all these bodies with the exception of the Sahel and West Africa Club.

The OECD wants to position itself at the forefront of organisations committed to the implementation of Agenda 2030 and thus respond to the challenges that that implementation presupposes, having adopted in 2016 an action plan for the implementation of the Sustainable Development Objectives contained in the Agenda, which is intended to integrate these objectives into all areas of work, internal and external, of the organisation.

At this stage the DAC is considering a redefinition in the light of the challenges of Agenda 2030 and the new international development architecture. The Committee's contribution to the implementation of the DSOs also includes the following lines of work: modernisation of ODA accounting rules and proposal for the definition of a supplementary measure, taking into account all flows channelled in support of Sustainable Development (TOSSD) to be implemented within the context of the United Nations; private sector investment in development, with a focus on "blending", and other financial instruments within the context of the EDFI, to promote private sector investment and development in emerging and middle income countries; improving the effectiveness of ODA in line with the commitments made under the Global Partnership for Development Co-operation (GPEDC), which aims to increase the effectiveness, quality and impact of development co-operation by regularly monitoring implementation of the principles of effective development co-operation.

The OECD Development Centre has also been doing important work in this area, for example the Multidimensional Country Reviews (MCR), produced by the CDEV in support of the implementation of ODA. RCMs are developed at the request of the countries themselves, and as a general rule, financed by them. In this context, a multidimensional analysis is performed of the situation of the countries, including the various policy areas and their interconnections. The RCM process results in a set of recommendations that can be considered by the countries in defining their development strategies.