In 1970, the UN General Assembly set the target for donor countries to allocate 0.7% of their gross national income (GNI) to official development assistance (ODA). With the unprecedented decline in international development financing in 2025, this target is — once more — being called into question. Are we witnessing the end of development as we have known it, or an opportunity to fundamentally rethink it?
Dossier produced by the Research Office in partnership with Executive Education’s programme “Development Policies and Practices” and based on Global Challenges (no. 19, forthcoming).
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