Has the EU become more generous to the developing world?

Series Title
Series Details 30.04.14
Publication Date 30/04/2014
Content Type

Development aid rose by 6.1% in real terms in 2013 to reach the highest level ever recorded, despite continued pressure on budgets in OECD countries since the global economic crisis. Donors provided a total of $134.8bn in net official development assistance (ODA), marking a rebound after two years of falling volumes, as a number of governments stepped up their spending on foreign aid.

An annual survey of donor spending plans by the OECD Development Assistance Committee (DAC) indicated that aid levels could increase again in 2014 and stabilise thereafter. However, a trend of a falling share of aid going to the neediest sub-Saharan African countries looks likely to continue.

The largest donors by volume were the United States, the United Kingdom, Germany, Japan and France. Denmark, Luxembourg, Norway and Sweden continued to exceed the 0.7% ODA/GNI target and the UK met it for the first time. The Netherlands fell below 0.7% for the first time since 1974.

Source Link Link to Main Source http://www.euractiv.com/sections/development-policy/infographic-has-eu-become-more-generous-developing-world-301862
Related Links
OECD: Development: Press Release, 08.04.14: Aid to developing countries rebounds in 2013 to reach an all-time high http://www.oecd.org/development/aid-to-developing-countries-rebounds-in-2013-to-reach-an-all-time-high.htm
European Commission: EuropeAid Development and Cooperation http://ec.europa.eu/europeaid/index_en.htm
ESO: Background information: New EU website to provide easy and transparent access to aid data http://www.europeansources.info/record/press-release-new-eu-website-to-provide-easy-and-transparent-access-to-aid-data/
EurActiv, 05.05.14: British aid money invested in gated communities and shopping centres http://www.euractiv.com/sections/development-policy/british-aid-money-invested-gated-communities-and-shopping-centres-301918
EurActiv, 05.05.14: Austria to cut development funds by one-fifth http://www.euractiv.com/sections/development-policy/austria-cut-development-funds-one-fifth-301888
EurActiv, 12.05.14: Fact-checking: French development aid dropped in 2013 http://www.euractiv.com/sections/development-policy/fact-checking-french-development-aid-dropped-2013-302069
EurActiv [Opinion], 27.06.14: Ending extreme poverty by 2030 is a goal within reach http://www.euractiv.com/sections/development-policy/ending-extreme-poverty-2030-goal-within-reach-303137
EurActiv, 12.09.14: Germany's 2015 budget leaves overseas aid 'by the wayside' http://www.euractiv.com/sections/development-policy/germanys-2015-budget-leaves-overseas-aid-wayside-308410

Subject Categories
Countries / Regions