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.

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"
[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"
[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
[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
[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
[743 KB] : Annex 6: Aid for Trade Report Link to the file.
• Volume 5
[2 MB] : Annex 7: Donor Profiles
• Volume 6
[747 KB] : Annex 8: Survey Results
