Page 242 - UAE Foreign Aid Report 2022

United Arab Emirates
242
Foreign Aid Report 2022

INTRODUCTION

The international community recognizes Official nations to uphold their promises. It further
Development Assistance (ODA) as more than stipulates that 0.15% to 0.20% of ODA/GNI be
just a financial metric. Governed by rigorous designated for the world’s Least Developed
standards set by the Organisation for Economic Countries (LDCs) to address their distinct
Co-operation and Development’s Development challenges.
Assistance Committee (OECD-DAC), ODA
serves as an essential barometer of a nation’s Amidst this global commitment, the United
dedication to confronting global challenges, Arab Emirates stands tall. The UAE, under its
such as poverty, healthcare disparities, and visionary leadership, has consistently been
sustainable development. recognized as one of the world’s most generous
ODA contributors when measured against the
Since 1970, the United Nations has advocated ODA/GNI yardstick. Its foreign aid strategies,
for the target of dedicating 0.7% of a country’s reaching across continents, prioritize sectors
Gross National Income (GNI) to ODA. This pivotal for global advancement, such as health,
figure encapsulates a shared aspiration education, and infrastructure.
for transformative change and has been
emphasized in various international dialogues, Especially noteworthy are the UAE’s significant
particularly those centering on sustainable aid efforts towards the Least Developed
development. Countries (LDCs), demonstrating a deep
understanding of their intricate challenges. By
The 15-year blueprint of the Sustainable making considerable strides to meet and even
Development Goals (SDGs) bolsters this surpass the ODA targets in previous years, the
commitment. Goal 17, in particular, emphasizes UAE has underscored its steadfast role in global
the importance of ODA and urges developed humanitarian and development endeavors.