UN General Assembly resolution A/RES/2626(XXV) of 24 October 1970 states (para. 43):
“Each economically advanced country will progressively increase its official development assistance to the developing countries and will exert its best efforts to reach a minimum net amount of 0.7 percent of its gross national product … by the middle of the Decade."
Related document to this resolution is the report of the Second Committee: A/8124.
The Organization for Economic Co-Operation and Development (OECD, a non-UN organization) has a webpage explaining the history and development of this target for official development assistance (ODA).
To search for related material in UN resources, keywords include:
- Financing for development
- Financing for sustainable development
- Capacity development
- Development cooperation
Links & Files
Research Guide : UN Documentation : Development
UN Digital Library search results for resolutions on 0.7% of gross national income for Official Development Assistance
UN Department of Economic and Social Affairs: Financing for Sustainable Development
2019 High-level dialogue on Financing for Development