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Annual Report 2014 to the EU Council on EU Development Aid Targets

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Wednesday, 21 May 2014

Annual Report 2014 to the EU Council on EU Development Aid Targets

The Council welcomes the publication by the Commission of preliminary information on 2013 EU Official Development Assistance (ODA), analysing the trends with regard to EU collective and individual ODA commitments. The Council stresses that ODA is an important and catalytic element in the overall financing available for developing countries most in need. On 17 June 2010 the European Council requested the Council to make an annual report on the EU and Member States’ commitments and delivery on ODA. This is the fourth such report to be submitted to the European Council.
In 2013, and despite continued budgetary constraints owing to the on-going crisis, the EU collective ODA increased to €56.5 billion from €55.3 billion in 2012. EU collective ODA remained at 0.43% of EU gross national income (GNI).
In light of on-going international discussions, the Council reiterates its comprehensive and integrated approach to mobilising financing and other means of implementation from all available sources (public/private, domestic/international) in support of developing countries, including innovative financing sources and instruments, as well as mechanisms for monitoring its results. In this context, and in view of active involvement in discussions at the OECD/DAC, the EU and its Member States will continue to work together on external development finance measurement, including the role and framework of ODA. The Council looks forward to a broader discussion on the various elements of EU performance on the basis of the 2014 EU Accountability Report on Financing for Development. In addition, the EU and its Member States also look forward to a constructive and open dialogue with all stakeholders on the post-2015 overarching framework, including on the report of the Intergovernmental Committee of Experts on Sustainable Development Financing and the preparations for the 3rd International Conference on Financing for Development.
Conscious of ongoing economic constraints, the Council remains seriously concerned about ODA levels and reaffirms its political leadership and commitment to EU development aid targets. Member States that did not reach their individual ODA targets are invited to take realistic, verifiable actions in order to resume or secure a positive trajectory to meet these commitments. The EU and its Member States call on all other international development partners – including new and emerging actors – to raise their level of ambition, thus contributing their fair share to the global development efforts.

Source: Council of the EU