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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 06, 2021
There is a lot of money being spent on official development assistance (ODA). The Organisation for Economic Co-operation and Development (OECD) confirmed recently that countries provided over $160 billion in ODA in 2020. But ten years on from the global agreement reached in Busan, South Korea to imp...
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...
Blog Post
January 12, 2021
2020 was a challenging year for Jutta Urpilainen, the European Commissioner for International Partnerships. In this blog, we look back at the EU’s international development performance and assess the extent to which it has lived up to the EU’s pledge to be a reliable international partner.