Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-16-Speech-3-303-000"
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"en.20111116.18.3-303-000"2
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"The EU and its Member States are, without doubt, the largest donors of official development assistance (ODA) internationally, in spite of the growing pressure that national budgets are under as a consequence of the financial and economic crisis currently plaguing the world. Nonetheless, I share the rapporteur’s concerns that, in the past year, EU Member States have contributed a mere 0.43% of their gross national income (GNI) to ODA, in spite of a commitment to collectively dedicate 0.7% of GNI to ODA by 2015 and the interim objective of 0.56% for 2010.
With a view not only to the EU’s credibility, but also because of the specific situation the poorest people have been experiencing, made particularly hard as a consequence of an economic and financial crisis for which they were not responsible, it is crucial that the EU honour its development commitments. Instead of reducing development aid budgets, the EU must take urgent measures to ensure it honours its commitments, using new, innovative funding mechanisms, and must be able to guarantee greater consistency between EU trade policy and development policy."@en1
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