Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-16-Speech-3-305-000"

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"en.20111116.18.3-305-000"2
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"The Member States promised in 2005 to channel 50% of all new aid to sub-Saharan Africa, but have actually given only half of this amount and have also failed to honour their pledge to give 0.15% of their GNI to the least-developed countries by 2010. Failing to keep its aid promises will seriously undermine confidence in the EU and damage its credibility and its partners in the developing world. There is clearly growing pressure on national budgets as a result of the financial and economic crisis. However, I believe that achieving the goal of eradicating poverty will require above all policy change in industrialised and developing countries to address the structural causes of poverty. Mobilising domestic resources in partner countries is the key to sustainable development. It is important that European aid donors step up their efforts to promote tax-related transparency. Development policy needs to include the fight against misuse of tax havens and against tax evasion and illicit capital flight. In addition, EU policies such as those on agriculture, fisheries, migration and security must under the Treaty of Lisbon be consistent with EU development policy goals, and policy coherence must be implemented for development in order to address the structural problem of eradicating poverty."@en1

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