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Monday, 23 July 2018
The first meeting of the Committee on Development of the new European Parliament (2009-2014) took place this tuesday 21st July 2009. Eva Joly (Green party/ALE), president of the commission, opened the debates which included, amongst others, the participation of the European Commission (DG Development and DG Budget) and of the UE Council. Ms Joly announced the creation of a working group on food security, a presentation of a study on the consequences of the crisis for developing countries and called for the participation of an important delegation for the Copenhagen Conference on climate, as well as for the European Development Days in October in Sweden. The deputies discussed a working document relating to the 2010 budget (section III – commission) and expressed concern due to the reduction of funds for aid. Finally, Oxfam International presented the working document “Climate Change and Developing Countries”.
Source: CTA
The EU Member States have approved this morning in Brussels the 2009 Annual Action Programme (AAP) for Tanzania, which includes four separate programmes worth a total of € 385 million, to be funded from the 10th European Development Fund (EDF). This will be formalised shortly by a decision of the European Commission. This complements the bi-lateral cooperation programmes of the individual EU member states. The four action programmes, which will be channelled through Government systems, include:
- A Millennium Development Goals Contract (General Budget Support) worth € 305 million. The MDG-Contract will help to directly address one of the major constraints to Tanzania's development by enhancing the predictability of EU aid.
- A € 70 million Transport Sector Policy Programme, for supporting the construction and rehabilitation of roads. The Road sector has been a key sector for the EU for many years.
- A € 8 million Energy Programme to support renewable energy production, primarily in rural areas.
- A € 2.5 million support programme to the Ministry of Finance to strengthen their institutional capacity to address poverty issues.
In addition, approval was granted for an additional € 14.8 million of budget support to compensate Tanzania for last years high oil prices and extra food security demands.
Source: Jamii Forums
U.S. biodiesel producers — already suffering from low oil prices, weak domestic demand and a delayed Environmental Protection Agency mandate — were hit Tuesday with a five-year tariff on exports to Europe. The European Union imposed a provisional tariff on imports of U.S.-made biodiesel back in March in response to complaints the subsidized and discounted American product was damaging the industry. Biodiesel is made from vegetable oil or animal fats to be used in diesel engines. The product does not contain petroleum, although it can be blended with petroleum diesel. The European Biodiesel Board charged that U.S. biodiesel, which benefits from up to $1 per gallon tax credit, was sold in the European market at a discount, effectively undercutting local producers. The European Commission, the executive branch of the EU, outlined the investigation in lengthy report. The EU’s extension of the tariffs weren’t entirely surprising, said GreenHunter Energy spokesman Jack Zedlitz.
Source: Energy
markets is the depth of economic recession and uncertainty about the speed of recovery. After reviewing the latest projections by OECD-FAO and FAPRI, the report looks at the impact of the latest macro-economic estimates. It also contains a chapter on historical price volatility. The latest MAP (Monitoring Agri-trade Policy), summarising the report, notes that the medium term projections for prices are still upbeat. Although commodity prices are now below their 2007/08 peaks and the economic crisis is likely to put a damper on commodity prices for the near future, they are expected to remain well above historical levels. Agriculture is expected to cope better than other sectors with the crisis due to the relatively low income elasticity for food, at least in developed countries. Although not immune to the current economic malaise, developing countries are projected to remain the main source of growth in world demand and trade once economic growth resumes. The Commission also conducted its own sensitivity analysis given the rapid evolution of the current crisis. The same model as OECD-FAO was used but was based on the latest macroeconomic projections of June 2009 with lower GDP growth and a higher oil price.
Source: European Commission
Tuesday, 21 July 2009
The Annual Action Plan (AAP) 2009 for the thematic budgetline Non-State Actors and Local Authorities in Development (NSA/LA 2009), including Part II on targeted projects (which was approved only on June 26), and the AAP for the Investing in People budgetline (IIP 2009-2010) are now available online on the EuropeAid website. The AAPs determine how funds are allocated in the respective financial year.
Source: European Commission