The figures offer the first tangible evidence of the global pandemic’s impact on EU ODA. In absolute terms, according to the OECD DAC, EU aid increased by 7.8% (72.7 billion USD) compared to 2019. However, this rise is mainly the result of a fall in GNI prompted by the global pandemic.
After a surprise move by the Chair of the Development Committee, Tomas Tobé, the European Parliament voted in favour of making EU aid to developing countries conditional on their compliance with EU migration control objectives.
2020 marks the first year since 1998 that the global rate of poverty has increased. The COVID-19 pandemic has much to do with that, but it doesn’t help that the EU and its Member States are further off-track than ever in meeting their aid targets.
On 8 June, CONCORD co-signed a letter sent to EU Head of States ahead of the European Council to present recommendations on the next EU budget and the recovery fund ‘Next Generation EU’.
Achieving the pledge of the 2030 Agenda to leave no one behind also requires focusing on least developed countries (LDCs). Our new policy paper assesses which EU actors are championing the LDCs by meeting their international commitments and supporting sustainable development in LDCs.
The Communication on the Global EU response to Covid-19 sets out how the EU will address the negative impact of the coronavirus pandemic and the immediate health and socio-economic needs of the most vulnerable countries and people globally.
Early figures released yesterday by the Organisation for Economic Cooperation and Development (OECD) show an increase of 1,4% in global development aid spending in 2019.
As the current Multiannual Financial Framework (MFF) is coming to an end, this episode of our “Talking Development Podcast” reveals the important elements that should be considered in the new MFF, which will last for seven years (2021-2027).
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.
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.