Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-18-Speech-2-890"
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"en.20100518.28.2-890"2
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"One billion four hundred million people in the world survive on less than EUR 1 per day. The European Union has a duty to combat this situation. That requires more efficient and effective development cooperation and assistance policies. Official Development Assistance (ODA) commitments are still not being fulfilled satisfactorily. To address the urgency of development, we call on the Commission to urgently define innovative additional sources of financing for development, such as a tax on international financial transactions intended to generate additional resources, in order to overcome the worst consequences of the crisis. In the same spirit, the Member States should reaffirm the commitment made at the Millennium summit to devote 0.7% of GDP to ODA over the next decade, while taking into account the absorption capacities and good governance of the recipient states. Finally, European development policy must be linked to flexible regulation of the movement of people, goods and capital with developing countries."@en1
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