Financing and funding for sustainable development
What’s the issue?
Tackling inequalities, mitigating climate change, building peaceful and thriving societies, and achieving global sustainable development objectives requires a continuous engagement as well as funding.
Although world leaders have agreed on ambitious and universal Sustainable Development Goals and development effectiveness principles, finding the finances to achieve these targets remains a challenge.
The effectiveness of development cooperation depends on partner countries’ ownership of policies, programmes and processes. However, the path towards sustainable development is too often decided elsewhere.
Although civil society organisations play a vital role in speaking up against inequalities and injustices, the support and funding for civil society is also shrinking around the world, with Europe being no exception.
Change we want to see
EU budget for solidarity
10% of the 2021-2027 EU budget goes to ‘Neighbourhood and the World’.
Civil society consulted
Civil society organisations are effectively consulted on future EU development funding.
transparent aid data
Civil society organisations are effectively consulted on future EU development funding.
What we want the EU to do
EU institutions and EU Member States should implement effective development cooperation in line with the Leave No One Behind principle.
EU institutions and EU Member States should provide more and better Official Development Assistance (ODA), with a focus on results. To create ownership in partner countries, the EU must meaningfully consult civil society organisations on programming processes and ensure they can access EU funding which respects the diversity of the sector.
This episode of our “Talking Development” podcasts reveals the important elements that must be considered for the next EU budget, which will last for seven years (2021-2027).
Latest news
Denying aid on the basis of EU migration objectives is wrong
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.
AidWatch 2020: Knock-on effects, an urgent call to Leave No One Behind
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.
Joint letter from NGO networks to European Council on Heading VI in the next MFF and Recovery Fund
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’.
Latest resources
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Talking Development Episode 7: The future EU budget concerns us all
Talking Development Episode 5 with Jeroen Kwakkenbos: EU aid and innovative financing tools for sustainable development
Development cooperation, Financing for development, Sustainability, 2030 Agenda
