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Blog Post
September 09, 2021
With a new government taking over the helm of the country and building on its financial firepower, Germany now has the opportunity to fully embrace a leadership role in the EU as an agenda-setter in development, driving forward innovative ideas, rather than as a mere broker.
Blog Post
September 01, 2021
A year ago, the UK Government announced the integration of the Department for International Development (DFID) into the Foreign and Commonwealth Office (FCO), which became the Foreign Commonwealth and Development Office (FCDO). Soon after the merger, the UK’s development budget was cut by £4.5 billi...
Blog Post
August 04, 2021
Foreign ministers from the 27 European Union (EU) member states have agreed to set in motion work on a new global connectivity strategy to rival China’s Belt and Road Initiative (BRI). The Council Conclusions adopted in mid-July define a new “geostrategic and global approach to connectivity” for the...
Blog Post
May 12, 2021
In early 2020, as the COVID-19 pandemic began to ravage the world, the European Union (EU) sprang into action with its member states and financial institutions to deliver a collective global response, laying the foundations of more unified European approach to international development that has been...
Blog Post
May 05, 2021
As the EU prepares to significantly scale up its deployment of blended finance, guarantees, and other risk-sharing tools aimed at stimulating investment in developing countries, it has stated its intention to use its development budget to incentivise private investment in health and education.
Blog Post
March 30, 2021
EU member states and the European Parliament’s Foreign Affairs and Development Committees finally approved the new Neighbourhood, Development, and International Cooperation Instrument (NDICI)—Global Europe. The instrument, worth €79.5 billion over the period 2021-2027, marks a profound transformati...
Blog Post
February 09, 2021
It’s been almost a year and a half since the High-Level Group of Wise Persons published its report, setting out options for consolidating and streamlining the European development finance architecture. That report generated a sparring match between the two European development banks—the European Ban...