BETA


2006/2524(RSP) Resolution on new financial instruments for development in connection with the Millennium Goals

Progress: Procedure completed

Legal Basis:
RoP 123-p2

Events

2006/02/16
   EP - Results of vote in Parliament
2006/02/16
   EP - Decision by Parliament, 1st reading/single reading
Details

The European Parliament adopted a resolution on new financial instruments for development in connection with the Millennium Goals. It pointed out that the Millennium Development Goals Report 2005 provided clear evidence that the objective of helping poor countries achieve the MDGs by the target year of 2015 cannot be achieved unless additional political and financial commitments are made. Any innovative mechanisms must add to current levels of Official Development Assistance (ODA), in order for them to bring real added value to the financing of development. The Member States must stay firm on their commitment to devote 0.7% of their GNI to ODA and must adopt a time plan to achieve this target by 2015. Parliament went on to point out that the World Bank estimated that at least USD 50 billion extra per year in ODA will be required to meet the MDGs by 2015.

Parliament welcomed the conference to be held in Paris from 28 February to 1 March, which seeks to make progress on the agreement of international levies, with a particular focus on a possible levy on airline tickets. It also welcomed the idea of a pilot project for a solidarity contribution on air tickets to finance the fight against HIV/AIDS and other pandemics and to help achieve the MDGs. Contributions to the Global Fund to Fight Aids, Tuberculosis and Malaria had raised less than 15% of the money needed. Member States were asked to participate actively in the forthcoming conference. Parliament recognised, however, that matters of taxation not subject to EU harmonisation policy remain under the exclusive competence of the Member States.

It insisted that any alternative methods of financing for development must bring new funds for development and must not replace ODA. It warmly welcomed the Council agreement reached in June 2005 to double EU aid to developing countries and for Member States to increase their ODA in order to achieve 0.56 % of GNI by 2010 and 0.7 % of GNI by 2015. It welcomed the renewed commitments by the international community at the UN World Summit to achieving the MDGs and to promoting sustainable development. However, it regretted the lack of a precise timetable committing all developed countries to the pursuit of the intermediate and final MDG targets.

It called on developed countries to fulfil their obligations and meet their commitment to increase national aid budgets to 0.7% of GDP, and considered that the search for innovative forms of financing should not replace this real priority. Parliament stressed that an increase in quantity must go hand in hand with an increase in quality, i.e. the effectiveness of aid must be improved by application of the "3 Cs" – coordination, complementarity and coherence – as well as by reducing the transaction costs of aid, improving the predictability and sustainability of aid mechanisms, increasing the speed of delivery of aid, further untying aid, finding solutions to unsustainable debt burdens, promoting good governance, combating corruption and increasing the absorption capacity of aid recipients.

The IFF for Immunisation (IFFIm) proposed by the UK has been internationally endorsed, supporting underused vaccines in over 70 countries as well as strengthening immunisation delivery systems. Parliament welcomed the participation of the UK, France, Italy, Spain and Sweden, who had together pledged in excess of USD 4 billion to the IFFIm, and it urged other Member States to contribute to the IFFI.

In the context of innovative financing, Parliament welcomed the newly announced launching of a Commission-European Investment Bank Trust Fund to finance African infrastructure, and called for an increase in the lending activities of the EIB in developing countries.

It asked the EU institutions and governments to examine thoroughly the feasibility of a world lottery to fund actions to combat hunger, as proposed by the World Food Programme.

Finally, Parliament underlined that the full support of European citizens, in the context of an extremely tense budgetary situation, was required and that any new initiative must be managed cautiously so as not to prejudice the acceptance by European opinion of development policy objectives.

Documents
2006/02/16
   EP - End of procedure in Parliament
2006/02/14
   EP - Motion for a resolution
Documents
2006/02/14
   EP - Motion for a resolution
Documents
2006/02/14
   EP - Motion for a resolution
Documents
2006/02/14
   EP - Motion for a resolution
Documents
2006/02/14
   EP - Motion for a resolution
Documents
2006/02/14
   Joint motion for resolution
Documents
2006/02/14
   EP - Debate in Parliament

Documents

Votes

RC B6-0119/2006 - Mécanisme financier - par. 1

2006/02/16 Outcome: +: 467, -: 46, 0: 18
DE FR IT ES PL EL NL BE HU PT GB FI AT SK LT DK IE LV CY EE CZ MT SI LU SE
Total
73
59
43
32
40
23
22
17
16
15
62
12
11
11
9
11
8
7
6
5
21
5
4
4
15
icon: PPE-DE PPE-DE
214

Lithuania PPE-DE

1

Denmark PPE-DE

For (1)

1

Latvia PPE-DE

2

Estonia PPE-DE

For (1)

1

Malta PPE-DE

2

Luxembourg PPE-DE

3
icon: PSE PSE
126

Lithuania PSE

2

Ireland PSE

1

Czechia PSE

For (1)

1
icon: ALDE ALDE
65

Hungary ALDE

1

Austria ALDE

1

Latvia ALDE

1

Cyprus ALDE

For (1)

1

Estonia ALDE

For (1)

1

Sweden ALDE

For (1)

Against (1)

2
icon: Verts/ALE Verts/ALE
32

Italy Verts/ALE

2

Spain Verts/ALE

2

Netherlands Verts/ALE

2

Belgium Verts/ALE

2

United Kingdom Verts/ALE

5

Finland Verts/ALE

For (1)

1

Austria Verts/ALE

1

Denmark Verts/ALE

For (1)

1

Luxembourg Verts/ALE

For (1)

1

Sweden Verts/ALE

For (1)

1
icon: GUE/NGL GUE/NGL
34

France GUE/NGL

3

Spain GUE/NGL

For (1)

1

Netherlands GUE/NGL

2

United Kingdom GUE/NGL

1

Finland GUE/NGL

For (1)

1

Denmark GUE/NGL

Abstain (1)

1

Cyprus GUE/NGL

2
icon: UEN UEN
17

Lithuania UEN

1

Denmark UEN

For (1)

1

Ireland UEN

2
icon: NI NI
21
3

Belgium NI

Abstain (1)

1

United Kingdom NI

3

Slovakia NI

1

Czechia NI

Against (1)

1
icon: IND/DEM IND/DEM
22

Netherlands IND/DEM

2

Denmark IND/DEM

Against (1)

1

Sweden IND/DEM

3

RC B6-0119/2006 - Mécanisme financier - par. 7

2006/02/16 Outcome: +: 424, -: 56, 0: 31
DE FR IT ES NL HU EL PT BE PL FI AT LV DK SK IE LT CY SI EE LU MT CZ GB SE
Total
69
56
41
31
21
16
19
15
14
45
12
10
8
10
10
8
7
6
5
5
5
5
20
59
14
icon: PPE-DE PPE-DE
197

Austria PPE-DE

3

Denmark PPE-DE

For (1)

1

Lithuania PPE-DE

1

Estonia PPE-DE

For (1)

1

Luxembourg PPE-DE

3

Malta PPE-DE

2
icon: PSE PSE
125
4

Slovakia PSE

2

Ireland PSE

1

Lithuania PSE

For (1)

1

Czechia PSE

For (1)

1
icon: ALDE ALDE
64

Hungary ALDE

1

Austria ALDE

1

Latvia ALDE

1

Denmark ALDE

2

Cyprus ALDE

For (1)

1

Slovenia ALDE

1

Estonia ALDE

For (1)

1

Luxembourg ALDE

For (1)

1

Sweden ALDE

For (1)

1
icon: Verts/ALE Verts/ALE
33

Italy Verts/ALE

2

Spain Verts/ALE

2

Netherlands Verts/ALE

2

Belgium Verts/ALE

For (1)

1

Finland Verts/ALE

For (1)

1

Austria Verts/ALE

2

Denmark Verts/ALE

For (1)

1

Luxembourg Verts/ALE

For (1)

1

United Kingdom Verts/ALE

5

Sweden Verts/ALE

For (1)

1
icon: GUE/NGL GUE/NGL
33

France GUE/NGL

2

Spain GUE/NGL

For (1)

1

Netherlands GUE/NGL

2

Portugal GUE/NGL

2

Finland GUE/NGL

For (1)

1

Denmark GUE/NGL

For (1)

1

Cyprus GUE/NGL

2

United Kingdom GUE/NGL

1
icon: UEN UEN
19

Denmark UEN

For (1)

1

Ireland UEN

2

Lithuania UEN

1
icon: NI NI
19

France NI

Abstain (1)

3
3

Belgium NI

For (1)

1

Slovakia NI

1

Czechia NI

Against (1)

1

United Kingdom NI

3
icon: IND/DEM IND/DEM
21

France IND/DEM

Abstain (1)

1

Italy IND/DEM

1

Netherlands IND/DEM

2

Denmark IND/DEM

Against (1)

1

Sweden IND/DEM

3

RC B6-0119/2006 - Mécanisme financier - par. 8

2006/02/16 Outcome: +: 516, -: 17, 0: 12
DE FR GB PL IT ES EL NL CZ BE PT HU AT FI SK DK LT IE LV SI CY EE MT LU SE
Total
72
60
60
49
38
30
22
23
21
20
19
17
14
12
11
11
9
9
8
6
5
5
5
4
15
icon: PPE-DE PPE-DE
208

Denmark PPE-DE

For (1)

1

Lithuania PPE-DE

1

Cyprus PPE-DE

2

Estonia PPE-DE

For (1)

1

Malta PPE-DE

2

Luxembourg PPE-DE

3
icon: PSE PSE
143

Czechia PSE

For (1)

1

Lithuania PSE

2

Ireland PSE

1

Slovenia PSE

For (1)

1

Luxembourg PSE

For (1)

1
icon: ALDE ALDE
67

Spain ALDE

1

Hungary ALDE

1

Austria ALDE

1

Ireland ALDE

For (1)

1

Latvia ALDE

1

Slovenia ALDE

1

Cyprus ALDE

For (1)

1

Estonia ALDE

For (1)

1

Sweden ALDE

For (1)

Abstain (1)

2
icon: Verts/ALE Verts/ALE
34

United Kingdom Verts/ALE

5

Italy Verts/ALE

2

Spain Verts/ALE

2

Netherlands Verts/ALE

2

Belgium Verts/ALE

For (1)

1

Austria Verts/ALE

2

Finland Verts/ALE

For (1)

1

Denmark Verts/ALE

For (1)

1

Latvia Verts/ALE

1

Sweden Verts/ALE

For (1)

1
icon: GUE/NGL GUE/NGL
33

France GUE/NGL

3

United Kingdom GUE/NGL

1

Spain GUE/NGL

For (1)

1

Netherlands GUE/NGL

2

Portugal GUE/NGL

2

Finland GUE/NGL

For (1)

1

Denmark GUE/NGL

For (1)

1

Cyprus GUE/NGL

2
icon: UEN UEN
17

Italy UEN

Abstain (1)

1

Denmark UEN

For (1)

1

Lithuania UEN

1

Ireland UEN

2
icon: NI NI
21

United Kingdom NI

For (1)

Against (2)

3

Czechia NI

1

Belgium NI

2

Austria NI

Abstain (1)

1

Slovakia NI

1
icon: IND/DEM IND/DEM
22

France IND/DEM

For (1)

Abstain (1)

2

Italy IND/DEM

1

Netherlands IND/DEM

2

Denmark IND/DEM

Abstain (1)

1

Sweden IND/DEM

3

RC B6-0119/2006 - Mécaisme financier - résolution

2006/02/16 Outcome: +: 494, 0: 42, -: 23
DE FR IT PL ES GB BE EL HU PT NL AT CZ FI SK LV LT IE SI DK CY EE LU MT SE
Total
75
64
47
51
29
59
20
22
18
18
20
15
22
11
11
9
9
9
6
9
6
5
5
5
14
icon: PPE-DE PPE-DE
216

Lithuania PPE-DE

1

Ireland PPE-DE

Against (1)

5

Denmark PPE-DE

For (1)

1

Estonia PPE-DE

For (1)

1

Luxembourg PPE-DE

3

Malta PPE-DE

2
4
icon: PSE PSE
146

Czechia PSE

For (1)

1

Lithuania PSE

2

Ireland PSE

1

Slovenia PSE

For (1)

1
icon: ALDE ALDE
64

Hungary ALDE

1

Austria ALDE

1

Latvia ALDE

1

Ireland ALDE

For (1)

1

Slovenia ALDE

1

Denmark ALDE

For (1)

1

Cyprus ALDE

For (1)

1

Estonia ALDE

For (1)

1

Luxembourg ALDE

For (1)

1

Sweden ALDE

For (1)

Against (1)

2
icon: Verts/ALE Verts/ALE
34

Italy Verts/ALE

2

Spain Verts/ALE

2

United Kingdom Verts/ALE

5

Belgium Verts/ALE

For (1)

1

Netherlands Verts/ALE

1

Austria Verts/ALE

2

Finland Verts/ALE

For (1)

1

Latvia Verts/ALE

1

Denmark Verts/ALE

For (1)

1

Luxembourg Verts/ALE

For (1)

1

Sweden Verts/ALE

For (1)

1
icon: GUE/NGL GUE/NGL
35

France GUE/NGL

3

Spain GUE/NGL

For (1)

1

United Kingdom GUE/NGL

1

Portugal GUE/NGL

2

Netherlands GUE/NGL

2

Finland GUE/NGL

For (1)

1

Denmark GUE/NGL

Abstain (1)

1

Cyprus GUE/NGL

2
icon: UEN UEN
20

Lithuania UEN

1

Ireland UEN

2

Denmark UEN

For (1)

1
icon: NI NI
22
3

United Kingdom NI

Against (2)

Abstain (1)

3

Belgium NI

2

Austria NI

Abstain (1)

1

Czechia NI

1

Slovakia NI

1
icon: IND/DEM IND/DEM
22

France IND/DEM

Against (1)

1

Italy IND/DEM

2

Netherlands IND/DEM

2

Denmark IND/DEM

Against (1)

1

Sweden IND/DEM

3

History

(these mark the time of scraping, not the official date of the change)

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type
Commission response to text adopted in plenary
docs/7
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2006-07-04T00:00:00
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type
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activities
  • date: 2006-02-14T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20060214&type=CRE type: Debate in Parliament title: Debate in Parliament body: EP type: Debate in Parliament
  • date: 2006-02-16T00:00:00 docs: url: http://www.europarl.europa.eu/oeil/popups/sda.do?id=12421&l=en type: Results of vote in Parliament title: Results of vote in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2006-63 type: Decision by Parliament, 1st reading/single reading title: T6-0063/2006 body: EP type: Results of vote in Parliament
committees
    docs
    • date: 2006-02-14T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=MOTION&reference=B6-2006-119&language=EN title: B6-0119/2006 type: Motion for a resolution body: EP
    • date: 2006-02-14T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=MOTION&reference=B6-2006-121&language=EN title: B6-0121/2006 type: Motion for a resolution body: EP
    • date: 2006-02-14T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=MOTION&reference=B6-2006-124&language=EN title: B6-0124/2006 type: Motion for a resolution body: EP
    • date: 2006-02-14T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=MOTION&reference=B6-2006-142&language=EN title: B6-0142/2006 type: Motion for a resolution body: EP
    • date: 2006-02-14T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=MOTION&reference=B6-2006-143&language=EN title: B6-0143/2006 type: Motion for a resolution body: EP
    • date: 2006-02-14T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=MOTION&reference=P6-RC-2006-119&language=EN title: RC-B6-0119/2006 type: Joint motion for resolution
    • date: 2006-03-09T00:00:00 docs: url: /oeil/spdoc.do?i=12421&j=0&l=en title: SP(2006)1012 type: Commission response to text adopted in plenary
    • date: 2006-07-04T00:00:00 docs: url: /oeil/spdoc.do?i=12421&j=1&l=en title: SP(2006)1347 type: Commission response to text adopted in plenary
    events
    • date: 2006-02-14T00:00:00 type: Debate in Parliament body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20060214&type=CRE title: Debate in Parliament
    • date: 2006-02-16T00:00:00 type: Results of vote in Parliament body: EP docs: url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=12421&l=en title: Results of vote in Parliament
    • date: 2006-02-16T00:00:00 type: Decision by Parliament, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2006-63 title: T6-0063/2006 summary: The European Parliament adopted a resolution on new financial instruments for development in connection with the Millennium Goals. It pointed out that the Millennium Development Goals Report 2005 provided clear evidence that the objective of helping poor countries achieve the MDGs by the target year of 2015 cannot be achieved unless additional political and financial commitments are made. Any innovative mechanisms must add to current levels of Official Development Assistance (ODA), in order for them to bring real added value to the financing of development. The Member States must stay firm on their commitment to devote 0.7% of their GNI to ODA and must adopt a time plan to achieve this target by 2015. Parliament went on to point out that the World Bank estimated that at least USD 50 billion extra per year in ODA will be required to meet the MDGs by 2015. Parliament welcomed the conference to be held in Paris from 28 February to 1 March, which seeks to make progress on the agreement of international levies, with a particular focus on a possible levy on airline tickets. It also welcomed the idea of a pilot project for a solidarity contribution on air tickets to finance the fight against HIV/AIDS and other pandemics and to help achieve the MDGs. Contributions to the Global Fund to Fight Aids, Tuberculosis and Malaria had raised less than 15% of the money needed. Member States were asked to participate actively in the forthcoming conference. Parliament recognised, however, that matters of taxation not subject to EU harmonisation policy remain under the exclusive competence of the Member States. It insisted that any alternative methods of financing for development must bring new funds for development and must not replace ODA. It warmly welcomed the Council agreement reached in June 2005 to double EU aid to developing countries and for Member States to increase their ODA in order to achieve 0.56 % of GNI by 2010 and 0.7 % of GNI by 2015. It welcomed the renewed commitments by the international community at the UN World Summit to achieving the MDGs and to promoting sustainable development. However, it regretted the lack of a precise timetable committing all developed countries to the pursuit of the intermediate and final MDG targets. It called on developed countries to fulfil their obligations and meet their commitment to increase national aid budgets to 0.7% of GDP, and considered that the search for innovative forms of financing should not replace this real priority. Parliament stressed that an increase in quantity must go hand in hand with an increase in quality, i.e. the effectiveness of aid must be improved by application of the "3 Cs" – coordination, complementarity and coherence – as well as by reducing the transaction costs of aid, improving the predictability and sustainability of aid mechanisms, increasing the speed of delivery of aid, further untying aid, finding solutions to unsustainable debt burdens, promoting good governance, combating corruption and increasing the absorption capacity of aid recipients. The IFF for Immunisation (IFFIm) proposed by the UK has been internationally endorsed, supporting underused vaccines in over 70 countries as well as strengthening immunisation delivery systems. Parliament welcomed the participation of the UK, France, Italy, Spain and Sweden, who had together pledged in excess of USD 4 billion to the IFFIm, and it urged other Member States to contribute to the IFFI. In the context of innovative financing, Parliament welcomed the newly announced launching of a Commission-European Investment Bank Trust Fund to finance African infrastructure, and called for an increase in the lending activities of the EIB in developing countries. It asked the EU institutions and governments to examine thoroughly the feasibility of a world lottery to fund actions to combat hunger, as proposed by the World Food Programme. Finally, Parliament underlined that the full support of European citizens, in the context of an extremely tense budgetary situation, was required and that any new initiative must be managed cautiously so as not to prejudice the acceptance by European opinion of development policy objectives.
    • date: 2006-02-16T00:00:00 type: End of procedure in Parliament body: EP
    links
    other
      procedure/legal_basis/0
      Rules of Procedure EP 123-p2
      procedure/legal_basis/0
      Rules of Procedure of the European Parliament EP 123-p2
      procedure/subject
      Old
      • 5.05 Economic growth
      • 6.30.02 Financial and technical cooperation and assistance
      • 6.40 Relations with third countries
      New
      5.05
      Economic growth
      6.30.02
      Financial and technical cooperation and assistance
      6.40
      Relations with third countries
      procedure/subtype
      Old
      Resolution on statements
      New
      Resolution on statement
      activities
      • date: 2006-02-14T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20060214&type=CRE type: Debate in Parliament title: Debate in Parliament body: EP type: Debate in Parliament
      • date: 2006-02-16T00:00:00 docs: url: http://www.europarl.europa.eu/oeil/popups/sda.do?id=12421&l=en type: Results of vote in Parliament title: Results of vote in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2006-63 type: Decision by Parliament, 1st reading/single reading title: T6-0063/2006 body: EP type: Results of vote in Parliament
      committees
        links
        other
          procedure
          reference
          2006/2524(RSP)
          title
          Resolution on new financial instruments for development in connection with the Millennium Goals
          legal_basis
          Rules of Procedure of the European Parliament EP 123-p2
          stage_reached
          Procedure completed
          subtype
          Resolution on statements
          type
          RSP - Resolutions on topical subjects
          subject