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.
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.
With only genuine aid being accounted, it would take the EU and its Member States another 30 years to reach their commitment to 0.7% GNI, reveals the CONCORD AidWatch report 2017 “EU Aid Uncovered – how to reach the target on time” published today.
How much did each EU country give to ODA in 2016? Get an answer in the accompanying graphs of the 2017 AidWatch Report.
The 2017 CONCORD AidWatch Report will be launched on 16 October and the paper available on 17 October. Do not miss this key publication and join our launch event in Brussels!