The Multiannual Financial Framework (MFF) determines the architecture of the EU’s budget. As the current MFF is coming to an end in 2020, this episode of our “Talking Development Podcast” reveals the important elements that should be put into consideration for the new MFF which will last for seven years (2021-2027). Stay tuned as we explain why you should care about the new EU budget and what is at stake for European NGOs.
Financing development projects might seem like a complex and technical topic while being vital to sustain the future of people and planet. In this podcast, Jeroen Kwakkenbos from Oxfam International EU Office, guides us through the new trends in aid and the more recent mechanisms put in place to finance development objectives in innovative ways.
For the second consecutive year, EU aid spending has decreased. Despite the well-received 25% reduction in inflated aid, EU aid is still decreasing after discounting these components. This means that, at the current rate of growth, the EU will only meet the 0.7% ODA/GNI target in 2061, as revealed by the CONCORD AidWatch 2019 Report.
How will the EU commit to financing development? 2019 has seen progress towards a sustainable, human rights-based approach to spending our money where it is most needed. Now it’s time to recap.
CONCORD Europe was invited to speak during the DEVE Committee meeting on 16 May, 2018 under the agenda point “Multi-annual Financial Framework (MFF) for 2021-2027: what does it mean for development cooperation?“. Katerzyna Lemanska (Coordination SUD/GHA) was representing our confederation, in the presence of the DEVE committee and the European Commission. Here are the outcomes of the discussion.
Today, the European Commission has released its communication on the Multi-annual Financial framework (2021-2027). CONCORD, the European Confederation of development NGOs, welcomes the budget dedicated to external actions but raises concern on the merge of external instruments allocated to development aid which will put aid objectives in jeopardy.