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.
Mind Our Business: Amplify the transformative power of sustainable and inclusive business models through EU external action
Sustainable and inclusive business models can help the EU advance on its various objectives, whether creating decent work opportunities for all or contributing to the ecological transition. It’s time to amplify their power through EU external action.
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.
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.