( DAC) This committee within the OECD provides a forum for consultation among the 21 donor countries on how to increase the level and effectiveness of aid flows to recipient countries.
A specialized committee of the Organization for Economic Cooperation and Development (OECD). The purpose of the DAC is to increase total resources made available to developing countries. Member countries jointly review the amount and nature of their contributions to bilateral and multilateral aid programs in the developing countries. DAC members are Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Italy, Japan, the Netherlands, New Zealand, Norway, Sweden, Switzerland, the United Kingdom, the United States and the Commission of the European Economic Communities.
Committee of the OECD that acts as a forum for consultation for 21 donor countries (Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, UK and USA) on how to increase the level and effectiveness of aid flows to recipient countries. The DAC sets the international definitions and criteria for aid statistics.
Dep artment in the OECD (Organisation for Economic Co-operation and Development) that handles co-operation issues related to developing countries. DAC is responsible for coordination, integration, promoting effectiveness and providing sufficient funding for development assistance in support of sustainable economic and social development.
The Development Assistance Committee (DAC) is the principal body through which the OECD study issues related to cooperation with developing countries. It is a forum for its member states in their role as bilateral donors.