3 Amendments of Philippe DE BACKER related to 2014/2205(INI)
Amendment 68 #
Motion for a resolution
Recital G a (new)
Recital G a (new)
Ga. whereas the European Development Finance Institutions (EDFI), a group of 15 bilateral institutions which provide long-term finance for private sector in developing and reforming economies, seeks to invest in companies with a spectrum of different development effects ranging from reliable electricity and clean water to providing SMEs finance and access to markets for small farms;
Amendment 98 #
Motion for a resolution
Paragraph 1 e (new)
Paragraph 1 e (new)
1e. Recalls that the official development aid (ODA) - while pushing for shared responsibility between public and private sector - must remain the key source of financing for developing countries;
Amendment 107 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Emphasises that all partnerships and alliances with the private sector must focus on shared value priorities that align business goals with the EU's development objectives and Corporate Social Responsibility (CSR) - an opportunity to create value for both the business sector and developing countries -; be co- designed and co- managed to ensure that risks, responsibilities and profits are shared; be cost-effective; and have precise targets, clear accountability and transparency;