Navigation path

EU Accountability report on Financing for Development 2011

The European Commission has published a report "Enhancing EU Accountability on Financing for Development: towards the EU Official Development Assistance Peer Review – Annual Report 2011", which analyses and illustrates how the EU and its Member States have moved to fulfil their various commitments for more and better financing for development.

The EU as a whole has kept up progress delivering on its pledges

EU Accountability report 2011

The report, published the 19 April 2011, confirms that in general the EU as a whole has kept up progress delivering on its pledges, although the situation differs greatly between issues and Member States.

For the first time, as a step to increase transparency and accountability of EU, all Member States have agreed to the publication of their replies to the annual questionnaire on financing for development.

It covers previous year's efforts by the EU and its 27 Member States to:

• Promote good governance in tax matters and fight illegal financial flows.

• Support international trade and mobilise private investments, remittances and other private flows for development.

• Increase aid and climate finance in line with commitments.

• Spend aid effectively, support debt sustainability in developing countries and create a more conducive international architecture for development.

Elements of the Report

The report consists of:

• A communication, "Enhancing EU Accountability on Financing for Development. Towards the EU Official Development Assistance Peer Review" pdf - 105 KB [105 KB] , which makes proposals for further action on some issues, namely taking steps to reach agreed common EU aid targets.

• A report, "EU Accountability Report 2011 on Financing for Development. Review of progress of the EU and its Member States" pdf - 777 KB [777 KB] , providing analysis and assessments of progress towards the targets (Volume 1).

• A set of annexes included in the report (Volumes 2-6)

          • Volume 2 pdf - 707 KB [707 KB] : Annex 1: Bibiliography.

                             Annex 2: Official Development Assistance (ODA) Methodology

                             Annex 3: Statistical Annex on ODA results and trends

                             Annex 4: Results on the EU fast start Climate Finance monitoring.

          • Volume 3 pdf - 712 KB [712 KB] : Annex 5:  Third Monitoring Report and Progress Review of

          the EU Fast Track Initiative on Division of Labour Link to the file.

          • Volume 4 pdf - 743 KB [743 KB] : Annex 6: Aid for Trade Report Link to the file.

          • Volume 5 pdf - 2 MB [2 MB] : Annex 7: Donor Profiles

          • Volume 6 pdf - 747 KB [747 KB] : Annex 8: Survey Results

 

Last update: 17/02/2012 | Top