(Source: Council of the EU)
The Council today approved conclusions on the EU development aid targets for 2020 in the form of the eleventh annual report to the European Council.
The report welcomes the Commission’s analysis of trends with regard to EU collective and individual commitments on and delivery of Official Development Assistance (ODA).
ODA continues to play a crucial role in the overall financing available to help achieve the 2030 Agenda and its Sustainable Development Goals. Moreover, global ODA remains a critical source of finance for the poorest countries that are in a state of increased fragility or in a state of conflict.
The 2021 report takes stock of the EU’s development activities and its targets and financing for the year 2020, and highlights that:
- in 2020, the EU’s collective ODA reached EUR 8 billion, up from EUR 57.9 billion. Member states effectively achieved a 15% increase through a Team Europe approach responding to the unprecedented challenges of the COVID-19 pandemic
- the EU and its member states have also confirmed their global leadership in sustainable development as the biggest global ODA provider, accounting for2% of total ODA
- at the same time, EU collective ODA represented 5% of EU Gross National Income (GNI), an increase from 0.41%, which is significantly higher than the average of non-EU members of the OECD’s Development Assistance Committee (OECD-DAC)
- moreover, four EU member states exceeded the 0.7% threshold of ODA to GNI, while that ratio increased in 15 other member states. In ten member states the ratio remained stable, while it declined in two member states