Europe remains the world's biggest development donor

With more than €74.4bn, the EU and its Member States continued to be the world's leading provider of official development assistance in 2018, according the latest report on preliminary figures of OECD's Development Assistance Committee (OECD-DAC). European development assistance represents almost 57% of the total global assistance by all OECD-DAC donors.

“EU development cooperation helps improve life opportunities for millions of people across the world,” Commissioner for International Cooperation and Development, Neven Mimica (pictured), said. He pointed out that in the future, the EU and its Member States would keep up efforts to further increase development assistance.

Preliminary 2018 figures indicate a slight decrease in overall collective Official Development Assistance (ODA), due to a significant reduction of in-donor refugee spending compared to previous years. Excluding in-donor refugee costs, the EU and its Member States have stepped up their development cooperation efforts by 4% compared with 2017.

In 2018, four EU Member States provided 0.7% or more of their GNI in Official Development Assistance: Denmark, Luxembourg, Sweden and the UK. In four Member States (France, Hungary, Malta and Sweden), the Official Development Assistance to GNI ratio increased by more than 0.01% between 2017 and 2018, while it decreased by at least 0.01% in twelve Member States.

Similar articles

  • EU-North Macedonia talks urged

    EU-North Macedonia talks urged

    Italy pushes opening accession negotiations despite some Member States' opposition

    In attempt to further bring North Macedonia and Albania to the EU, majority of EU governments led by Italy urged last Tuesday deliver on a promise to open membership talks with both countries, news wires reported. Meeting in Luxembourg almost a year to the day since they unexpectedly postponed a decision to open talks with the two countries, Europe ministers tried to change their position.

    25
  • Greece may seek sanctions against Turkey in gas row

    Greece may seek sanctions against Turkey in gas row

    Greece and Cyprus will push their EU partners to penalise Turkey, including the possible option of sanctions, if Ankara is verified to have started drilling for gas west of Cyprus, Greek Prime Minister Alexis Tsipras said on Sunday. The discovery of lucrative energy reserves in the eastern Mediterranean has drawn into sharper focus long-standing tensions between Turkey and the Greek Cypriot government.

    35
  • Juncker insists EU-Swiss treaty to be signed next week

    Juncker insists EU-Swiss treaty to be signed next week

    European Commission President Jean-Claude Juncker pledged on Tuesday to clear up Switzerland's concerns about a draft treaty to govern ties so that Bern can endorse it by 18 June and allow the Swiss stock exchange to maintain access to the bloc's markets, news wires reported. In a letter to the Swiss president, Juncker said he was ready to clarify any doubts but that the November 2018 draft treaty "will not be renegotiated."

    45