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Paying for the Johannesburg initiatives

If the measures agreed at the UN Summit are to have a real impact on sustainable development, they need adequate funding. What is the European Union's contribution?

The European Union already provides more than 50% of global Official Development Assistance (ODA). At the International Conference on Financing for Development in Mexico (the "Monterrey Conference"), EU Member States pledged to increase their ODA contributions further. Between now and 2006, the average EU contribution is set to increase from 0.33% of Gross National Income to 0.39%. This will produce an additional 9 billion per year in development aid by 2006. This commitment has paved the way for decisions in Johannesburg on the channelling of increased development assistance to promote poverty eradication, sustainable development and the integration of developing countries into the global system.

While ODA funds play a significant role as a catalyst for development, other potential sources of funds, both public and private, are also invited to support the Johannesburg initiatives. This will speed up change and maximise the benefit to developing countries.

Fast facts 

  • Europe is the world's biggest donor of development aid. In 2000 EU aid amounted to 26 bn EUR, which is about 50% of total international aid flows (including through multilateral institutions). 
  • This means that European aid represents about 69 EUR by citizen, as compared to 36 EUR in the USA (103 in Japan).

Volume of aid in 2000 

  EU US Japan
EUR 26.2 9.9 13.5
Dollar 25.4 9.6 13.1
%world 50% 18% 25%

 

Funding-related links 

 

     
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