Activities of György HÖLVÉNYI related to 2021/2252(INI)
Plenary speeches (1)
The future European Financial Architecture for Development (debate)
Shadow reports (1)
REPORT on the future European Financial Architecture for Development
Amendments (33)
Amendment 8 #
Motion for a resolution
Citation 16 a (new)
Citation 16 a (new)
— having regard to the Council conclusions of 10 June 2021 on enhancing the European financial architecture for development,
Amendment 22 #
Motion for a resolution
Recital C
Recital C
C. whereas policy coherence and close cooperation between all official development finance institutions, their government shareholders, EU institutions and all existing partners is urgently needed; whereas the successful mobilisation of further capital, both private and public, in addition to official development assistance (ODA) and other existing forms of development finance, is critical;
Amendment 26 #
Motion for a resolution
Recital D
Recital D
D. whereas the establishment of the Team Europe approach as the global EU response to COVID-19 could help to establish a single strategic coordination framework for the EU’s external response to the pandemic, in support of partner countries and other major disasters, such as Russia’s war in Ukraine, in support of partner countries; whereas this approach is a promising process in enabling further cooperation between the EU institutions, the Member States and European bilateral and multilateral development finance institutions, the EIB and the EBRD, continuously increasing the EU’s collective effectiveness and visibility;
Amendment 32 #
Motion for a resolution
Recital F a (new)
Recital F a (new)
F a. whereas food insecurity is a significant barrier of achieving the SDGs, particularly in Africa where two in every ten people in Africa are undernourished; whereas this challenge will only become more acute due to population growth; whereas EU cooperation with partner countries needs to tackle this challenge effectively, in a sustainable manner;
Amendment 34 #
Motion for a resolution
Recital F b (new)
Recital F b (new)
F b. whereas Member States called on European development banks and financial institutions to increase their collaboration and coordination, both among themselves and with other multilateral and international financial institutions, building on the strengths and expertise of each institution, thus enhancing the efficiency, visibility and impact of the EFAD, with particular attention to the private sector while complementing and supporting public sector engagement;
Amendment 36 #
Motion for a resolution
Recital F c (new)
Recital F c (new)
F c. whereas there is a USD 148 billion annual financing gap in low- and lower- middle-income countries to achieve SDG 4 from now until 2030; whereas additional costs due to COVID-19 related school closures risk increasing this financing gap by up to one-third;
Amendment 43 #
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1 a. Advocates that EU policies and initiatives need to support coordination and cooperation between Member States in the field of development policy and the EU actions need to complement and support initiatives of Member States;
Amendment 53 #
Motion for a resolution
Paragraph 2 a (new)
Paragraph 2 a (new)
2 a. Notes that the EFAD needs to maximize the advantages of different structural backgrounds and working modalities of the existing European development banks and financial institutions in order to increase efficiency of the EU's contribution to sustainable development;
Amendment 56 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Underlines the interconnection between development and security; highlights the role that development plays in preventing conflicts, ensuring durable exits from conflicts and bolstering crisis management; insists on the importance of further developing a well-tailored development-security nexus; further notes that a lack of security and armed conflicts exacerbates the already existing vulnerabilities in developing countries, increasing the funding gap for achieving the SDGs;
Amendment 60 #
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3 a. Acknowledges that security is an essential precondition for investments and for sustainable development and notes that conflict prevention and resolution needs to be integrated into EU development cooperation; welcomes in this context the activities of churches in conflict resolution and management, contributing to peace and security;
Amendment 61 #
Motion for a resolution
Paragraph 3 b (new)
Paragraph 3 b (new)
3 b. Underlines that the USD 2.5 trillion funding gap can be achieved only by promoting Public-Private-Partnerships and private investments, domestic resource mobilisation in partner countries and by more efficient utilisation of EU funding, while strengthening good governance and combating corruption;
Amendment 62 #
Motion for a resolution
Paragraph 3 c (new)
Paragraph 3 c (new)
3 c. Notes that education and vocational training as cross-cutting issues make a major contribution to achieving the SDGs; emphasises that EU investments and cooperation need to prioritize this area together with job creation in the context of the EFAD;
Amendment 71 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Underlines that consistency across all EU financing instruments, initiatives and strategies, notably the new NDICI- Global Europe instrument, Team Europe initiative and the new Global Gateway strategy, is crucial in order to maximise the EU’s global response to sustainable growth, development and peace;
Amendment 78 #
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5 a. Believes that the EFAD should improve the EU’s visibility and the impact of its development finance in the world, in order to ensure that the EU’s perceived role in the world matches the magnitude of its support;
Amendment 85 #
Motion for a resolution
Paragraph 6 a (new)
Paragraph 6 a (new)
6 a. Emphasises that the EU’s financial contribution to sustainable development in partner countries needs to enable partner countries to contribute to their own economic and social development and to achieve the SDGs; underlines the paramount importance of domestic ownership in this context;
Amendment 88 #
Motion for a resolution
Subheading 2 a (new)
Subheading 2 a (new)
Is concerned that, despite the recent improvements, the current status quo is still lacking proper coordination, characterised by duplication and continued competition between the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD) and European development and finance institutions;
Amendment 106 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. BNotes that the Team Europe approach emerged as a response to the COVID-19 pandemic; believes that the Team Europe approach should play a key role in further improving strategic cooperation and global coordination and the coherence and effectiveness of development efforts, especially at partner- country level , and believes that it has the potential to further identify key issues that need to be solved, notably stronger policy direction and focus, and stronger mechanisms for communication and visibility;
Amendment 111 #
Motion for a resolution
Paragraph 11 a (new)
Paragraph 11 a (new)
Amendment 128 #
Motion for a resolution
Paragraph 14 a (new)
Paragraph 14 a (new)
14 a. Notes the particular importance of EU investments in the field of agriculture, where private investments are lacking due to the high risk of investments;
Amendment 130 #
Motion for a resolution
Paragraph 14 b (new)
Paragraph 14 b (new)
Amendment 131 #
Motion for a resolution
Paragraph 14 c (new)
Paragraph 14 c (new)
14 c. Emphasises that local farmers, small holders and family farms need to have access to financial services, and in particular to micro-financing, in order to have the means to make farming resistant to climate-related challenges, while improving productivity, increase income and be able to innovate;
Amendment 132 #
Motion for a resolution
Paragraph 14 d (new)
Paragraph 14 d (new)
14 d. Notes that the lack of market access due to connectivity issues is one of the main barriers to food security in many regions in Africa; considers that EU investments in this field could have a strong impact;
Amendment 133 #
Motion for a resolution
Subheading 3 a (new)
Subheading 3 a (new)
Notes that there is a need to adapt the working methods and tools of the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) to the investment needs in Africa, particularly through providing more risk capital and guarantees in order to facilitate large scale investments while maintaining EU support for smaller scale local projects; points out that it is crucial that European investments are accompanied by a visible presence of the EU and continuous political dialogue;
Amendment 135 #
Motion for a resolution
Subheading 3 b (new)
Subheading 3 b (new)
Underlines that SMEs have an important role in achieving the SDGs and therefore need to have easy access to financial services in the EFAD framework; notes that EU policies need to encourage the cooperation of companies and enterprises, particularly SMEs, to play an active role in initiatives contributing to sustainable development in developing countries;
Amendment 139 #
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15 a. Calls on the European Commission to support further coordination between the European Union, the Member States — including their implementing agencies and public development banks —, as well as the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) and to encourage them to pool resources, finance, coordination and communication in common projects, particularly under the Team Europe approach;
Amendment 150 #
Motion for a resolution
Paragraph 18 a (new)
Paragraph 18 a (new)
18 a. Welcomes the partnership of the EBRD, as the multi-lateral development Bank; notes that the multi-lateral background of the EBRD, pooling together expertise from EU and non-EU countries alike, is of particular importance, notably to increase EU engagement in Central Asia and in North Africa; calls for considering this aspect when formulating the EFAD;
Amendment 159 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Encourages the EIB, the European Bank for Reconstruction and Development and the European development banks and financial institutions to strengthen their cooperation, drawing on their respective financial expertise, added value and resources ;
Amendment 185 #
Motion for a resolution
Subheading 4 a (new)
Subheading 4 a (new)
Emphasises that Policy Coherence for Development needs to be mainstreamed in EU external policies; notes, furthermore, that trade, investment and job creation are a vital part of EU engagement for development and are contributing to sustainable development; notes that possible shortcomings of these policy areas need to assessed and addressed in order to achieve the SDGs;
Amendment 187 #
Motion for a resolution
Paragraph 27
Paragraph 27
27. iInsists that the Member States honour their commitment to spend 0.7 % of their gross national income on ODA; notes that Member States which joined the EU after 2002 committed that they will strive to increase their ODA/GNI to 0.33%; welcomes the efforts these Member States made so far to gradually scale up their ODA spending; encourages them to continue on this track; underlines the important role of ODA as a catalyst for change and a lever for the mobilisation of other resources; stresses the importance of the EU’s commitment to mobilise resources for climate action and the EIB’s and other EFAD members' role in making progress in this area;
Amendment 193 #
Motion for a resolution
Paragraph 27 a (new)
Paragraph 27 a (new)
27 a. Calls for a stronger coordination between the European Commission and the EEAS and EU delegations, particularly in developing countries with the most fragile economies, to facilitate discussions and cooperation with relevant actors on the ground in order to identify the most effective projects;
Amendment 195 #
Motion for a resolution
Paragraph 27 b (new)
Paragraph 27 b (new)
Amendment 196 #
Motion for a resolution
Paragraph 27 b (new)
Paragraph 27 b (new)
27 b. Highlights that the EFAD requires a close-to ground approach, and thus calls for the facilitation of policy discussions with partner countries, Member States, private sector and EFAD members to better adapt EU financing to local needs;
Amendment 197 #
Motion for a resolution
Paragraph 27 c (new)
Paragraph 27 c (new)
27 c. Calls on the Commission to establish a link between possible de- risking activities and financial support for access to education and vocational training, particularly for the purpose of establishing proper infrastructure and training for teachers, under the Neighbourhood, Development and International Cooperation Instrument (NDICI) – Global Europe, in order to facilitate achieving SDG 4;