Video guest: Josephine Mwangi

November 2017
M T W T F S S
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3



SELECT_TAGS :
















Twitter

Follow the CTA Brussels Daily

 

twitter logo

 

facebook logo cta

Wednesday, 29 May 2013

EU still committed to achieve development aid target

The foreign affairs Council of the European Union, which met between 27-28 May in Brussels,  while concerned about dropping European member states’ official development assistance (ODA) levels, reaffirmed its commitment to achieve 0,7 % EU development aid target.
According to the European Commission, in 2012, the EU collective ODA decreased to €55.2 billion from €56.2 billion in 2011, or from 0.45% to 0.43% of EU gross national income (GNI). The total ODA of the EU Member States alone decreased from €52.8bn to €50.6 billion, or from 0.42% to 0.39% of GNI.
According to data from the OECD, all but two EU countries - Austria (+6.1%) and Luxembourg (+9.8%) - made cuts to their aid budget.
According to the same sources, out of the 27 EU countries, only Denmark, Luxembourg, Sweden, and the Netherlands have already met the 0.7% GNI target.

In 2005, EU member states pledged to increase Official Development Assistance (ODA) to 0.7% of Gross National Income (GNI) by 2015 and included an interim target of 0.56% ODA/GNI by 2010. For the 12 Member States which joined the EU in 2004 and 2007 the target is only 0.33% GNI.
At the time it was also decided that the EU shall provide collectively at least 50% of the agreed increase of ODA resources to Africa, and at least 0.15 to 0.20% of GNP to the LDCs,  while fully respecting individual Member States priorities’ in development assistance.

Source: Council of the EU; European Commission