The European Commission and the Member States together are the biggest aid donor in the world. This is a strong signal and good news but development is not just about aid and additional efforts and commitments from Europe are needed.

From the perspective of the developing countries, Europe is also known for its subsidies to European farmers and companies that local farmers and businesses cannot compete with, its tax havens that enable European companies to dodge taxes they should have paid to the developing countries they operate in, its low tariffs to export to Europe, its companies that grab vast areas of land to produce biofuels or extract raw materials with devastating impacts on local communities, its complex migration rules… all of which create obstacles to the development of national economies and aspirations of poor people to live a better life.