EU prioritising security over peace-building negatively impacts development aid – New Report

EU prioritising security over peace-building negatively impacts development aid – New Report

While today less and less aid is spent in least developed countries, the EU increasingly spends ODA in favour of national and foreign policy and security interests. The new CONCORD report explores the use of EU aid to respond to security threats and warns the EU of the negative impact this has on sustainable development.

Today, less than one euro out of 5 reaches least developing countries. OECD, time to reverse the trend.

Today, less than one euro out of 5 reaches least developing countries. OECD, time to reverse the trend.

Ahead of the DAC high-level meeting, CONCORD encourages the OECD to ensure aid maintains a laser focus on eradicating poverty and sustainable development for all. The outcomes of the meeting could reinforce current worrying trends for EU aid: decrease of aid to least developed countries, increase of conditionality and securitisation of aid as well as an increase of in-donor country costs reported.