Formed 1 December 1968 Employees 224 (2013) Agency executive Villa Kulild, Director | Annual budget 26.2 billion kroner | |
Headquarters Ruseløkkveien 26, Oslo, Norway | ||
Not to be confused with the North American Aerospace Defense Command, also abbreviated NORAD.
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The Norwegian Agency for Development Cooperation (Norad) is a directorate under the Norwegian Ministry of Foreign Affairs. Its task is to ensure effective foreign aid, with quality assurance and evaluation. Norad finances NGOs and does its own research and projects. The current director general is Villa Kulild. Norad used to be the official development assistance organization in Norway. As of mid-2004, the responsibility for state-to-state official development assistance has been transferred to the Norwegian Ministry of Foreign Affairs, while Norad continues to fund NGO activities in developing countries, contributes to the management of development funds and endeavours to ensure that the Norwegian development cooperation is evaluated and efficient.
NORAD consists of the following sections:
Finances
For 2012, Norway's government allocated 27.8 billion Norwegian kroner for development aid. Norway allocates a higher percentage of GDP (just over 1%) to development aid than any other country in the world.