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.
Aid is not only about quantity, it is about quality too! It needs to reach the people who need it the most. Our new paper “Who owns Development Effectiveness? A European Reality Check” analyses how EU aid is actually used for. This paper puts forward a series of recommendation based on some selected indicators which sets the scene for achieving a more effective and inclusive aid.
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.
The EU, as a member of the OECD Development Assistance Committee, has recently had its development cooperation policies reviewed by its peers. Despite noted accomplishments, CONCORD underlines several recommendations of this assessment.
Ahead of the European Council during which the external relations part of the future EU budget will be discussed, CONCORD urges EU leaders to safeguard the amount dedicated to Heading VI (external relations) and agree on the political timeline. The future development aid budget and the European Union’s engagement in addressing global challenges is at stake.
For the first time since 2012, the EU’s aid spending decreased in 2017. This means, at the current rate of growth, the EU would need another 40 years to meet the 0.7% ODA/GNI target, reveals CONCORD AidWatch Report 2018.
On 19 June 2018, the Committees on Budget, Budgetary Control, Foreign Affairs and Development jointly organised a joint hearing for assessing the flow of external EU migration funding. Fanni Bihari, from ACT Alliance EU, represented our Confederation in this public debate aiming at assessing the flow of current expenditure on the migration-related projects and the EU Trusts Funds.
Today, the European Commission released the legal framework for the external funding instruments of the Multi-annual Financial Framework 2021-2027. CONCORD raises concerns that unproven investment schemes and migration control will overshadow the EU’s commitments to promote human rights, sustainable development and the fight against poverty.