Mitarbeiter sonstige

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Emerging cooperation strategies in development finance amid a shifting global order

Berensmann, Kathrin
Mitarbeiter sonstige (2026)

in: Mark Furness / Niels Keijzer (eds.), International development cooperation and the emerging global order, Bonn: German Institute of Development and Sustainability (IDOS), 27-30

ISBN: 978-3-96021-288-1
DOI: https://doi.org/10.23661/idp4.2026

In the context of the changing global order and rising nationalism, several countries, including the United States and some European countries, have cut their official development assistance (ODA). The OECD forecasts a decline of ODA by around 23 per cent between 2024 and 2025 (OECD, 2026). At the same time there is a significant financing gap for achieving the Sustainable Development Goals (SDGs), currently estimated at about $4 trillion. Furthermore, the annual financing required to achieve the SDGs by 2030 increased by 36 per cent between 2015 and 2022, rising from $6.81 trillion to $9.24 trillion. This increase was driven by climate-related challenges, the impact of the pandemic, supply chain disruptions, and rising food and energy prices. These two trends have led to a significant SDG financing gap, which is projected to reach $6.4 trillion by 2030, assuming that it continues to grow at the rate observed between 2015 and 2022. Furthermore, mounting debt obligations are exerting pressure on pivotal investments in health, education and climate resilience (OECD, 2025). According to the debt sustainability analysis of the International Monetary Fund (IMF) and World Bank, about half of low-income countries are either at high risk of debt distress or already in debt distress.

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