The world’s richest industrialized countries spent record amounts on development aid in 2020, with a lot going to fighting the COVID-19 pandemic. Deutsche Welle (DW) reports that some $161 billion was spent on development aid worldwide last year, which is a new high. The funding, contributed by Organization for Economic Cooperation and Development member states in 2020, is quite impressive considering that it represents a 3.5% increase over the previous year, when adjusted for inflation. But 2021 and beyond could see significant cuts to that funding.