Project profile — Countering Global Bads - Governance Responses to Illicit Financial Flows



Overview 

CA-3-D003277001
$300,000
OECD - Organisation for Economic Co-operation and Development (47080)
2016-03-31 - 2020-06-25
Terminating
Global Affairs Canada
MFM Global Issues & Dev.Branch

Country / region 

• Africa, regional (30.00%)
• America, regional (30.00%)
• Asia, regional (30.00%)
• Europe, regional (10.00%)

Sector 

• Public sector policy and administrative management:
Public sector policy and administrative management (15110) (25.00%)
Legal and judicial development (15130) (25.00%)
Democratic participation and civil society (15150) (25.00%)
Human rights (15160) (25.00%)

Policy marker 

• Gender equality (significant objective)
• Environmental sustainability (cross-cutting) (not targeted)
• Participatory development and good governance (principal objective)
• Trade development (not targeted)
• Biodiversity (not targeted)
• Climate change mitigation (not targeted)
• Climate Change Adaptation (not targeted)
• Urban issues (not targeted)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (not targeted)
• Indigenous Issues (not targeted)
• Disability (not targeted)
• ICT as a tool for development (not targeted)

Description 

The project develops responses to "global bads", particularly illicit financial flows. The initiative gathers evidence to identify the global bads that are most susceptible to development interventions. Using that evidence, the Organization for Economic Cooperation and Development’s (OECD) Network on Governance (GovNet) produces a guidance document recommending principles and approaches for development action to address illicit financial flows. The OECD GovNet then facilitates international coordination to address global bads, including through the organization of an international conference where participants share best practices. This project results in more informed development responses to counter global bads and thereby make an important contribution to global efforts to diminish them. Global bads are a potential spoiler to Agenda 2030, particularly Sustainable Development Goal 16 which includes targets on establishing rule of law and combating illicit financial flows and terrorism.

Expected results 

The expected outcomes for this project include: (1) increased evidence base on gender-responsive effective measures to mitigate global bads, particularly illicit financial flows; (2) development actors have access to evidence-based and effective gender-responsive guidance on mitigating global bads; (3) better international cooperation among domestic and international agencies.

Results achieved 

N/A

Budget and spending 


Original budget $0
Planned disbursement $0
Transactions
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Contributions to specific-purpose programmes and funds managed by implementing partners
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