Review of EU Global Development Funding

by name voted on 12.12.2023

Summary

An evaluation of the EU's main international cooperation tool, highlighting funding shortages and the need for better monitoring amidst global crises.

9 12.12.2023

Other

economy

environment

human rights

social policy

international relations

public finance and budget policy

Key points

The NDICI – Global Europe is the EU's primary tool for international development, with a total budget of 79.5 billion euros for the period 2021-2027.
The instrument has faced significant pressure due to the COVID-19 pandemic and Russia's war against Ukraine, leading to a depletion of emergency reserve funds.
A mid-term evaluation is required by the end of 2024 to assess if the instrument effectively meets its goals regarding poverty reduction and human rights.
The report calls for increased funding to match the EU's geopolitical ambitions and to ensure that support for Ukraine does not come at the expense of other development aid.