Social sectors are key buffers against slipping further into poverty against exacerbating inequalities in times of crisis. However, blending operations prioritise investable rather than social sectors, posing particular risks to LDCs. This paper examines the modalities that are best suited for LDCs to achieve the crucial SDGs.
Global Europe – the new EU development cooperation instrument – will be implemented in a context of 80 million people globally facing long-term forced displacement. This number is expected to increase due to climate crises, conflicts and food insecurity in the near future. Our recommendations are setting the highest standards for Global Europe implementation.
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.
As governments prepare their economic recovery plans, they not only face a formidable challenge, but also an unprecedented opportunity.
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.