Austria’s development cooperation is an integral part of Austrian foreign policy. The Austrian Development Agency (ADA) is responsible for implementing bilateral development cooperation on behalf of the Austrian Federal Government. Its work focuses on reducing poverty, protecting the environment, and promoting peace and human security in partner countries. Through long-term actions, ADA supports people and institutions in strengthening their capacities and creating sustainable development opportunities. The overarching goal is to contribute to lasting improvements in the living conditions and prospects of people in developing and emerging economies.
ADA acknowledges that the private sector is a major driver of economic growth and that creating employment and income opportunities for the poor sections of the population brings about a sustainable improvement in their conditions of life, reducing poverty. ADA is active in women’s empowerment which can save whole families from poverty by giving women access to the market and resources and therefore monetary income. ADA supports local entrepreneurs in value chain development and in creating a business enabling environment. Global partnership in development is another focus of ADA, which supports entrepreneurs and non-governmental organisations in their partner countries so that they can voice and put forward their interests and concerns; there by ensuring that all benefit from globalisation through fair trade relations.
ADA has a Business Partnership Program with the view to pool entrepreneurial spirit and sustainable business ideas with the experience of development cooperation. The ADA believes that partnerships will lower risk for the private company and better chances of profit whilst achieving better living conditions for the local population.
ADA recognises that in times of limited budget funds, modern development cooperation calls for their efficient and accountable use and good coordination with other donors. ADA also states that the transparent management of these budgets is an integral part of good governance and democratic accountability. Austria also attaches priority to these principles.
