Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-16-Speech-3-311-500"
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"en.20111116.18.3-311-500"2
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"In overall terms, the EU and its Member States are the largest donors of official development assistance internationally, in spite of the economic and social crisis that its countries are facing. However, last year the Member States and the Union did not honour their commitments to the Millennium Development Goals. In view of this, it is necessary to do more and do it better. I am pleased with Member States’ commitment to grant 0.7% of gross national income in aid from 2015 onwards, at a time when there is much social turmoil in European societies themselves. Yet we must move beyond direct finance. We must commit to policies in the areas of agriculture, trade, investment, access to raw materials and combating climate change that are consistent with the development prospects of the world’s poorest countries. What is more, we must establish other sources of funding, in particular through the European Investment Bank, microfinance and a financial transaction tax, intended for development aid. Private sector support for development must also be stepped up, so that solidarity with the poorest people is not only forged through public policy. At the same time, we should demand accountability and transparency from the countries in receipt of aid."@en1
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