38 Amendments of Udo BULLMANN related to 2021/2252(INI)
Amendment 9 #
Motion for a resolution
Recital A
Recital A
A. whereas the COVID-19 pandemic has deepened the already significant SDG financing gap and caused an overall decline in resources of USD 700 billion, and, at the same time, an increase in needs of USD 1 trillion, causing a scissor effect, so that the pre-pandemic SDG annual funding gap in developing countries of USD 2.5 trillion is expected to increase by 70 % post-COVID-19, to USD 4.2 trillion (EUR 3.7 trillion)6 ; _________________ 6 OECD report of 10 December 2020 entitled ‘Global Outlook on Financing for Sustainable Development 2021: A New Way to Invest for People and Planet’.
Amendment 11 #
Motion for a resolution
Recital A a (new)
Recital A a (new)
A a. whereas the entry into force of the Neighbourhood, Development and International Cooperation Instrument (NDICI) – Global Europe, with an overall budget of EUR 79,5 billion, constitutes a historic change in EU external and development policies, leading to the rationalisation and consolidation of EU development spending, and giving new impetus to greater cooperation between European development actors;
Amendment 15 #
Motion for a resolution
Recital B
Recital B
B. whereas leadership and efforts from the EU alone to achieve achieving the SDGs and the goals of the Paris Agreement and addressing other acute global challenges arequires not sufficient, and hence joint engagement at international level is required;
Amendment 17 #
Motion for a resolution
Recital B a (new)
Recital B a (new)
B a. whereas climate change, the consequences of Covid-19 and violent conflicts are sources of further crises and call for a reinforced European answer, both politically and financially, in the area of development policy in order to ensure that the EFAD is able to channel these emerging challenges;
Amendment 18 #
Motion for a resolution
Recital B b (new)
Recital B b (new)
B b. whereas, also in view of the sustainable development of the global south, it is of prime importance that world energy flows are reorganised in the future and that the African continent plays an important role; whereas strengthening its role with regard to sustainable energy production, use and exports provides the chance for future-oriented and sustainable economic development and could improve the living conditions for the broad majority of the population;
Amendment 19 #
Motion for a resolution
Recital C
Recital C
C. whereas policy coherence and close cooperation between all official development finance institutions, their government shareholders 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, but needs to be aligned with development policy objectives especially in view of reducing inequalities and poverty reduction as the first goal of the Agenda 2030;
Amendment 20 #
Motion for a resolution
Recital C
Recital C
C. whereas, for the actual achievement of the SDGs and overcoming the COVID-19 pandemic, policy coherence and close cooperation between all official development finance institutions, their government shareholders and all existing partners is urgently needed to ensure that scarce public money is used in the most effective and efficient way; 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 24 #
Motion for a resolution
Recital C a (new)
Recital C a (new)
C a. whereas the EU Institutions and the 27 EU Member States together constitute the largest donor for developing countries, responsible for approximately 46% of the total ODA provided by all OECD ODA members to developing countries; whereas the major shortfall in SDG financing and the consequences of the COVID-19 pandemic, which has been devastating across the developing world, demands an extraordinary sustained response from all EU actors and a system- wide review of the European Financial Architecture for Development (EFAD);
Amendment 38 #
Motion for a resolution
Subheading 1 b (new)
Subheading 1 b (new)
Insists that all implementing partners who are part of the EFAD and access EU budget funds under the EFSD+ apply the full range of EU social, human rights, procurement, transparency, and environment standards, policies and procedures; calls on the European Commission to assess, monitor and report back on the adherence to these EU rules;
Amendment 40 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Stresses that the policy-first-driven European financial architecture for development (EFAD) should be guided by the principles and objectives set out in the UN 2030 Agenda for Sustainable Development, the Paris Agreement and the Addis Ababa Action Agenda and that it contributes to achieving the SDGs;
Amendment 44 #
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1 a. Recalls that the EU’s political engagement should be embodied in its multiannual financial framework and fully reflected in its European Financial Architecture for Development;
Amendment 50 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. sStrongly insists that EFAD must strengthen the strategic partnerships between the European Union and its global development partners; reiterates that such partnerships should always be based on mutual respect and dignity, shared interests and values, values and development objectives, namely reducing inequalities and poverty reduction;
Amendment 58 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Underlines the interconnection between humanitarian aid, development and securitypeace; 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 nexusnexus to address protracted and predictable crises, leading to a people- centred, structural, and sustainable long- term recovery;
Amendment 74 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Underlines that consistency and policy coherence across all EU financing instruments, initiatives and strategies is crucial in order to maximise the EU’s global response to sustainable growth, development and peace;
Amendment 76 #
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5 a. Highlights that the gap between the richest and poorest people and countries is continuously increasing, while reducing inequalities has strategic importance and should be at the core of the common efforts in the framework of the EFAD;
Amendment 87 #
Motion for a resolution
Paragraph 6 a (new)
Paragraph 6 a (new)
6 a. Considers, furthermore, that the new geopolitical realities imposed by the war in Ukraine lead to a great humanitarian and economic crisis and have a huge negative impact on global development policies;
Amendment 98 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Is concerned that key features of the Policy Coherence for Sustainable Development (PCSD) principle are systematically missing in regulatory initiatives of the EU; insists that mechanisms for ensuring policy coherence for sustainable development must be enshrined in EFAD and used more systematically and efficiently by all relevant EU institutions and all Member States, including at the highest political level;
Amendment 99 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Insists that mechanisms for ensuring policy coherence for sustainable development must be enshrined in EFAD by ensuring more ex-ante impact assessments and the establishment of an early warning system of policy incoherencies at the EU Delegations and used more systematically and efficiently by all relevant EU institutions and all Member States, including at the highest political level;
Amendment 107 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. 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 under EFSD+/Global Europe; further insists on the appropriate implementation of the scrutiny mechanism for the European Parliament to allow for the democratic legitimacy of Team Europe activities;
Amendment 116 #
12. Calls on the Commission to put forward a powerful EU policy directiondevelopment policies and to further align the EU development financial institutions’ activities within the new open architecture; is of the opinion that the programming process must fully cover the use of EU budgetary guarante under NIDICI- Global Europe objectives;
Amendment 119 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Calls on the Commission to ensure that EFAD pursues the goal of restoring the multilateral development finance system in order to help put an end to the unsustainable lending practices of some countries operating outside that system; highlights that LDCs are unable to implement the SDGs without financial support and therefore strongly calls for debt relief measures in line with sustainability commitments;
Amendment 121 #
Motion for a resolution
Paragraph 13 a (new)
Paragraph 13 a (new)
13 a. Calls on the Commission to promote international cooperation in tax matters to fight against tax evasion, illicit financial flows and corruption in order to foster purposeful and sustainable development financing that contributes to reducing inequalities and poverty;
Amendment 125 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. cConsiders EU taxonomy to be an important tool for achieving the SDGs and the objectives of the Paris Agrethe European Green Deal and its taxonomy for sustainable activities regarding renewable energy sources to be an important tool for achieving the SDGs related to climate change and the environment (e.g. 13, 6 and 14, 12) and the objectives of the Paris Agreement, since it should contribute to the reorientation of capital flows towards sustainable investments and introduce sustainability among the criteria to be taken into account for risk management;
Amendment 134 #
Motion for a resolution
Paragraph 14 a (new)
Paragraph 14 a (new)
14 a. Welcomes that EFAD is based on the expertise and existing networks of all its different members (i.e. the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), European Development Finance Institutions (EDFI)) and calls for the further development of their coordination and cooperation, also taking into consideration the Council’s conclusions on EFAD;
Amendment 138 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. rReaffirms the European Investment Bank’s specific role –within the EU and globally, which is set out in Article 209 of the Treaty on the Functioning of the European Union and in Article 36 of the ‘Neighbourhood, Development and International Cooperation Instrument – Global Europe’ – as the EU’s financial arm with a global reach;
Amendment 142 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Recognises the EIB’s flagshipimportant role in the implementation of the European Green Deal and its substantial contribution to the EU’s economic response to the COVID-19 pandemic; calls for the EU to further maximiseexploit the potential of the EIB as a tool to leverage the EU’s strategic autonomy and promote its external and development policy interests and priorities in its relations with non-EU countries;
Amendment 145 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. Welcomes the setting-up of EIB Global, a dedicated development branch within the EIB Group, which has been operational since 1 January 2022; calls for more clarity on budget provisions, organisational functioning and specific goals of the branch as well as its coordination mechanisms with other financial development institutions;
Amendment 149 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Encourages the EIB to continue to actively engagplay its role in developing planning, monitoring and evaluation at country level, hand in hand with the EUclosely cooperating with the EU institutions and delegations and through co-financing with development finance institutions;
Amendment 158 #
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 in the framework of NDICI- Global Europe and its objectives, as well as in globally achieving the Goals of the Agenda 2030;
Amendment 162 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Calls on the EIB to work more closely with the African Development Bank and establish a joint subsidiary to finance long-term investments that foster sustainable development and develop further sustainable growth opportunities for the African continent;
Amendment 164 #
Motion for a resolution
Paragraph 21 a (new)
Paragraph 21 a (new)
21 a. Encourages the creation of project and advisory hubs, jointly operated by EIB and ADB, to create effective contact points for advice and project initiation for local actors and to better match the development needs on the ground as well as improve local ownership for common development projects;
Amendment 167 #
Motion for a resolution
Paragraph 23
Paragraph 23
23. Encourages sustained engagement by all development banks and institutions, and a more flexible approach to risk and to make sustainable commitments and bold investments in line with development policy objectives, in particular the reduction of inequalities and the eradication of poverty, rather than in terms of return on investment;
Amendment 173 #
Motion for a resolution
Paragraph 24
Paragraph 24
24. Recognises the importance and potential of Member State development banks within the EFAD structure; stresses the pressing need to boosimportant role that private sector development in sub-Saharan Africa can play for empowering partner countries to set themselves on a path to sustainable development;
Amendment 177 #
Motion for a resolution
Paragraph 25
Paragraph 25
25. Calls on the Commission to report annually on Team Europe initiatives based on quantitative and qualitative indicators within the framework of NDICI- Global Europe, its parliamentary scrutiny mechanisms and in relation to the achievement of the Agenda 2030;
Amendment 179 #
Motion for a resolution
Paragraph 26
Paragraph 26
26. Reiterates that institutional control and scrutiny of EU funding fosters democratic debate and helps to boost the credibility of the EU; calls for obligations ensuringand transparency of the EU; highlights the important role of the European Parliament in that regard; calls for appropriate visibility of the implementation of EFAD and calls on the Commission to take action where those obligatprovisions are not met;
Amendment 192 #
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; 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 role in making progress in this area;
Amendment 195 #
Motion for a resolution
Paragraph 27 b (new)
Paragraph 27 b (new)
Amendment 200 #
Motion for a resolution
Paragraph 28
Paragraph 28
28. Takes note of the two-pillar solution for addressing the tax challenges arising from the digitalisation and globalisation of the economy, as agreed by the members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting as the main tool adopted to implement wealth redistribution and to tackle the predominance of multinational enterprises, aiming at encouraging more equitable market conditions in developing countries;