BETA


2015/2044(INI) Financing for development

Progress: Procedure completed

RoleCommitteeRapporteurShadows
Lead DEVE SILVA PEREIRA Pedro (icon: S&D S&D) RÜBIG Paul (icon: PPE PPE), ZAHRADIL Jan (icon: ECR ECR), GOERENS Charles (icon: ALDE ALDE), HAUTALA Heidi (icon: Verts/ALE Verts/ALE), CORRAO Ignazio (icon: EFDD EFDD)
Committee Opinion BUDG GOERENS Charles (icon: ALDE ALDE) Paul RÜBIG (icon: PPE PPE), Indrek TARAND (icon: Verts/ALE Verts/ALE)
Lead committee dossier:
Legal Basis:
RoP 54

Events

2015/09/24
   EC - Commission response to text adopted in plenary
Documents
2015/05/19
   EP - Results of vote in Parliament
2015/05/19
   EP - Decision by Parliament
Details

The European Parliament adopted by 582 votes to 79, with 28 abstentions, a resolution on Financing for Development.

Recalling that 1.5 billion people are still living in poverty, Parliament called on the European Union to affirm its political leadership throughout the preparatory process towards the definition of a sustainable development framework, a renewed agreement on financing for development and other means of implementation on the matter. It welcomed the recent Commission communication entitled ‘ A Global Partnership for Poverty Eradication and Sustainable Development after 2015 ’, whilst regretting a certain lack of commitment regarding the timeline for future financial targets.

International public financing : Parliament stressed that Official Development Assistance (ODA) remains a key instrument for financing development and urged the EU and its Member States to re-commit without delay to the 0.7% of GNI target for ODA , with 50% of ODA and at least 0.2% of GNI being reserved for Least Developed Countries (LDCs), and to present, taking into account budgetary constraints, multiannual budget timetables for the scale-up to these levels by 2020.

Parliament welcomed the EU’s firm stance on focusing efforts on the quantity and quality of development aid and called on the Commission and the Member States to persuade public and private donors around the world to honour their financial promises and to make new commitments.

Members stressed that the EU and other developed countries must honour their commitment to provide scaled-up, new and additional climate finance in order to reach by 2020 the goal of jointly mobilising USD 100 billion annually. They support innovative sources for additional development and climate finance, including financial transaction taxes, carbon taxes on international aviation and maritime transport , and automatic allocation of carbon market revenues. They welcomed further European and international efforts to identify further additional sources.

Recalling that the EU is the world’s leading donor of development aid, accounting for almost 60 % of global official development aid, Parliament called on the EU to take account of long-term financial requirements by favouring and leading a more strategic, ambitious and universal approach in line with the SDGs. It recalled the EU budget’s contribution to financing for development, with EUR 19.7 billion for development cooperation and EUR 6.8 billion for humanitarian aid between 2014 and 2020, in addition to the EUR 2.2 billion emergency aid reserve. It also pointed to the EUR 30.5 billion European Development Fund (EDF).

The 2015 budget dedicates EUR 2.4 billion in commitments (EUR 2.1 billion in payments) to development cooperation and EUR 928.8 million in commitments (EUR 918.8 million in payments) to humanitarian aid.

In an amendment adopted in plenary, Parliament called on the EU to ensure that negotiations on the post-2015 global development agenda, financing for development and climate change have credible links with the new Sendai Framework for Disaster Risk Reduction 2015-2030 in order to build resilience and preparedness while achieving the global goal of leaving no one behind.

Once again, Parliament called on the EU and its Member States to promote an aid effectiveness agenda to eradicate poverty, with a special focus on basic social services for all and ‘public goods’ that are less effectively provided by the private sector, such as primary education, social safety nets, health care and infrastructure for sanitation, water supply and energy.

It also underlined the absolute need for the EU to aim for the highest level of coordination in order to achieve coherence with other policy areas (environment, migration, international trade, human rights, agriculture, etc) and to avoid duplication of work and inconsistencies in activities.

Domestic resource mobilisation and international tax cooperation : Parliament asked the Commission to enhance its capacity-building assistance in the areas of tax administration, financial governance, public financial management, anti-corruption, the recovery of stolen assets and the fight against tax evasion . It insisted on actively crack down on tax havens, tax evasion and illicit financial flows and supported the setting-up of an intergovernmental body for tax cooperation under the auspices of the UN. Parliament called for the creation of public registers of beneficial ownership and mandatory country-by-country reporting for transnational companies in all sectors and for ensuring a fair distribution of taxing rights while negotiating tax and investment treaties with developing countries. It also considered that international corporate tax rules should include the principle that taxes should be paid where value is extracted or created .

Several priorities are also mentioned as regards gender equality, research, the environment and the transfer of technologies.

Parliament supported investment in capacity-building, basic social services such as education and health (ensuring universal health coverage), including sexual and reproductive health and rights, nutrition, public services and social protection and the fight against poverty.

Private sector and civil society : Parliament underlined the high importance of establishing favourable conditions for private enterprise and entrepreneurship in developing countries. It called for alignment of the private sector with the SDGs through appropriate partnerships, financial instruments and incentives, notably for young people and women in the shape of access to credit to support start-ups.

Parliament recalled that public aid alone is far from sufficient to cover all investment needs in developing countries . It insisted therefore on the leverage role of blending and public-private partnerships (PPPs) as a means to enhance the impact of development assistance, to attract private finance and to support local businesses. It stressed, however, that blended finance must not replace state responsibility for delivering on social needs and should be aligned with national development objectives and with development effectiveness principles. It encouraged PPPs in particular in the field of research related to the Innovative Medicines Initiative such as the Ebola+ programme.

It also supported increased market access for developing countries, especially the least developed countries.

In parallel, Parliament called for increased participation of local authorities and civil society, including community-based NGOs, in discussions on development priorities , and for a more inclusive and accountable implementation of the post-2015 agenda.

Global governance : Members called for a review of international organisations’ programmes and instruments of financial assistance for development in order to align them with the new sustainable development goals. They urged the European Investment Bank, the European Bank for Reconstruction and Development, the International Monetary Fund and the World Bank to establish the highest standards of responsible financing and to gear their resources more closely to the needs of developing countries , including through mutually effective pro-poor lending facilities.

Monitoring, accountability and review : Parliament called for an agreement at the Addis Ababa conference on robust, transparent and accessible monitoring and accountability framework for effective tracking and follow-up of investment and progress as regards specific commitments and objectives. It asked all parties to ensure the transparent and efficient implementation of aid and financing, in particular by signing and effectively implementing the provisions of the UN Convention against Corruption. It called for an international initiative to improve the quality of statistics, data and information in order to track spending, investment and progress on specific commitments and objectives. Lastly, it reiterated that, as a complement to GDP, a new set of other indicators is necessary in order to take account of new social and environmental challenges, and that this set should include in particular the Human Development Index, the carbon footprint and the ecological footprint.

Documents
2015/05/19
   EP - End of procedure in Parliament
2015/05/18
   EP - Debate in Parliament
2015/04/27
   EP - Committee report tabled for plenary
Details

The Committee on Development adopted the own-initiative report by Pedro SILVA PEREIRA (S&D, PT) on Financing for Development.

Recalling that 1.5 billion people are still living in poverty, Members called on the European Union to affirm its political leadership throughout the preparatory process towards the definition of a sustainable development framework, a renewed agreement on financing for development and other means of implementation on the matter. They welcomed the recent Commission communication entitled ‘ A Global Partnership for Poverty Eradication and Sustainable Development after 2015 ’, whilst regretting a certain lack of commitment regarding the timeline for future financial targets.

International public financing : Members urged the EU and its Member States to re-commit without delay to the 0.7 % of GNI target for ODA, with 50 % of ODA and at least 0.2 % of GNI being reserved for least developed countries. They welcomed the EU’s firm stance on focusing efforts on the quantity and quality of development aid. They stressed that the EU and other developed countries must honour their commitment to provide scaled-up, new and additional climate finance in order to reach by 2020 the goal of jointly mobilising USD 100 billion annually. They support innovative sources for additional development and climate finance, including financial transaction taxes, carbon taxes on international aviation and maritime transport , and automatic allocation of carbon market revenues.

Recalling that the EU is the world’s leading donor of development aid, accounting for almost 60 % of global official development aid, Members called on the EU to take account of long-term financial requirements by favouring and leading a more strategic, ambitious and universal approach in line with the SDGs. They recalled the EU budget’s contribution to financing for development, with EUR 19.7 billion for development cooperation and EUR 6.8 billion for humanitarian aid between 2014 and 2020, in addition to the EUR 2.2 billion emergency aid reserve. They also pointed to the EUR 30.5 billion European Development Fund (EDF). The 2015 budget dedicates EUR 2.4 billion in commitments (EUR 2.1 billion in payments) to development cooperation and EUR 928.8 million in commitments (EUR 918.8 million in payments) to humanitarian aid.

Once again, Members called on the EU and its Member States to promote an aid effectiveness agenda to eradicate poverty, with a special focus on basic social services for all and ‘public goods’ that are less effectively provided by the private sector, such as primary education, social safety nets, health care and infrastructure for sanitation, water supply and energy.

They also underlined the absolute need for the EU to aim for the highest level of coordination in order to achieve coherence with other policy areas (environment, migration, international trade, human rights, agriculture, etc) and to avoid duplication of work and inconsistencies in activities.

Domestic resource mobilisation and international tax cooperation : Members asked the Commission to enhance its capacity-building assistance in the areas of tax administration, financial governance, public financial management, anti-corruption, the recovery of stolen assets and the fight against tax evasion . They insisted on actively crack down on tax havens, tax evasion and illicit financial flows and supported the setting-up of an intergovernmental body for tax cooperation under the auspices of the UN. They considered that international corporate tax rules should include the principle that taxes should be paid where value is extracted or created .

Several priorities are also mentioned as regards gender equality, research, the environment and the transfer of technologies.

Private sector and civil society : Members underlined the high importance of establishing favourable conditions for private enterprise and entrepreneurship in developing countries. They called for alignment of the private sector with the SDGs through appropriate partnerships, financial instruments and incentives, notably for young people and women in the shape of access to credit to support start-ups.

They called on the Commission to support increased access to finance for MSMEs and cooperatives in developing countries through new forms of cooperation such as blending and public private partnerships (PPPs). They also support increased market access for developing countries, especially the least developed countries.

In parallel, Members called for increased participation of local authorities and civil society, including community-based NGOs, in discussions on development priorities , and for a more inclusive and accountable implementation of the post-2015 agenda.

Global governance : Members called for a review of international organisations’ programmes and instruments of financial assistance for development in order to align them with the new sustainable development goals. They urged the European Investment Bank, the European Bank for Reconstruction and Development, the International Monetary Fund and the World Bank to establish the highest standards of responsible financing and to gear their resources more closely to the needs of developing countries , including through mutually effective pro-poor lending facilities.

Monitoring, accountability and review : Members called for an agreement at the Addis Ababa conference on robust, transparent and accessible monitoring and accountability framework for effective tracking and follow-up of investment and progress as regards specific commitments and objectives. They asked all parties to ensure the transparent and efficient implementation of aid and financing, in particular by signing and effectively implementing the provisions of the UN Convention against Corruption. They called for an international initiative to improve the quality of statistics, data and information in order to track spending, investment and progress on specific commitments and objectives. Lastly, Members reiterated that, as a complement to GDP, a new set of other indicators is necessary in order to take account of new social and environmental challenges, and that this set should include in particular the Human Development Index, the carbon footprint and the ecological footprint.

Documents
2015/04/20
   EP - Vote in committee
2015/04/16
   EP - Committee opinion
Documents
2015/03/26
   EP - Amendments tabled in committee
Documents
2015/03/26
   EP - Amendments tabled in committee
Documents
2015/03/02
   EP - Committee draft report
Documents
2015/02/12
   EP - Committee referral announced in Parliament
2015/02/11
   EP - GOERENS Charles (ALDE) appointed as rapporteur in BUDG
2014/10/07
   EP - SILVA PEREIRA Pedro (S&D) appointed as rapporteur in DEVE

Documents

Activities

Votes

A8-0143/2015 - Pedro Silva Pereira - Résolution #

2015/05/19 Outcome: +: 582, -: 79, 0: 28
DE IT ES RO GB FR PL BE PT CZ SE BG HU LT HR EL NL IE FI AT SK SI LV LU EE CY DK MT
Total
88
64
46
32
67
71
45
20
19
20
19
14
18
11
11
21
24
9
11
16
13
7
7
6
6
6
12
5
icon: PPE PPE
198
2

Ireland PPE

3

Finland PPE

2
6

Luxembourg PPE

3

Estonia PPE

For (1)

1

Denmark PPE

For (1)

1

Malta PPE

Against (1)

2
icon: S&D S&D
177

Belgium S&D

3

Croatia S&D

2

Netherlands S&D

3

Ireland S&D

For (1)

1

Latvia S&D

1

Luxembourg S&D

For (1)

1

Estonia S&D

For (1)

1

Cyprus S&D

2

Malta S&D

3
icon: ALDE ALDE
66

Romania ALDE

3

United Kingdom ALDE

1

Croatia ALDE

2

Ireland ALDE

For (1)

1

Austria ALDE

For (1)

1

Slovenia ALDE

For (1)

1

Luxembourg ALDE

For (1)

1

Estonia ALDE

3

Denmark ALDE

2
icon: Verts/ALE Verts/ALE
48

United Kingdom Verts/ALE

5

Belgium Verts/ALE

2

Hungary Verts/ALE

2

Lithuania Verts/ALE

For (1)

1

Croatia Verts/ALE

For (1)

1

Netherlands Verts/ALE

2

Finland Verts/ALE

For (1)

1

Austria Verts/ALE

3

Slovenia Verts/ALE

For (1)

1

Latvia Verts/ALE

1

Luxembourg Verts/ALE

For (1)

1

Estonia Verts/ALE

For (1)

1

Denmark Verts/ALE

For (1)

1
icon: GUE/NGL GUE/NGL
46

United Kingdom GUE/NGL

1

Portugal GUE/NGL

For (1)

3

Sweden GUE/NGL

For (1)

1

Netherlands GUE/NGL

2

Finland GUE/NGL

For (1)

1

Cyprus GUE/NGL

2

Denmark GUE/NGL

For (1)

1
icon: ECR ECR
62

Czechia ECR

For (1)

Abstain (1)

2

Bulgaria ECR

1

Lithuania ECR

1

Croatia ECR

For (1)

1

Greece ECR

For (1)

1

Netherlands ECR

For (1)

Against (1)

2

Finland ECR

Against (1)

1

Slovakia ECR

3

Latvia ECR

For (1)

1
icon: EFDD EFDD
43

France EFDD

1

Poland EFDD

1

Czechia EFDD

Against (1)

1

Sweden EFDD

2

Lithuania EFDD

2
icon: NI NI
48

Germany NI

2

United Kingdom NI

For (1)

1

Belgium NI

Abstain (1)

1

Hungary NI

2

Netherlands NI

3
AmendmentsDossier
312 2015/2044(INI)
2015/03/26 DEVE 312 amendments...
source: 551.961

History

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

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  • date: 2015-04-27T00:00:00 type: Committee report tabled for plenary, single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A8-2015-0143&language=EN title: A8-0143/2015 summary: The Committee on Development adopted the own-initiative report by Pedro SILVA PEREIRA (S&D, PT) on Financing for Development. Recalling that 1.5 billion people are still living in poverty, Members called on the European Union to affirm its political leadership throughout the preparatory process towards the definition of a sustainable development framework, a renewed agreement on financing for development and other means of implementation on the matter. They welcomed the recent Commission communication entitled ‘ A Global Partnership for Poverty Eradication and Sustainable Development after 2015 ’, whilst regretting a certain lack of commitment regarding the timeline for future financial targets. International public financing : Members urged the EU and its Member States to re-commit without delay to the 0.7 % of GNI target for ODA, with 50 % of ODA and at least 0.2 % of GNI being reserved for least developed countries. They welcomed the EU’s firm stance on focusing efforts on the quantity and quality of development aid. They stressed that the EU and other developed countries must honour their commitment to provide scaled-up, new and additional climate finance in order to reach by 2020 the goal of jointly mobilising USD 100 billion annually. They support innovative sources for additional development and climate finance, including financial transaction taxes, carbon taxes on international aviation and maritime transport , and automatic allocation of carbon market revenues. Recalling that the EU is the world’s leading donor of development aid, accounting for almost 60 % of global official development aid, Members called on the EU to take account of long-term financial requirements by favouring and leading a more strategic, ambitious and universal approach in line with the SDGs. They recalled the EU budget’s contribution to financing for development, with EUR 19.7 billion for development cooperation and EUR 6.8 billion for humanitarian aid between 2014 and 2020, in addition to the EUR 2.2 billion emergency aid reserve. They also pointed to the EUR 30.5 billion European Development Fund (EDF). The 2015 budget dedicates EUR 2.4 billion in commitments (EUR 2.1 billion in payments) to development cooperation and EUR 928.8 million in commitments (EUR 918.8 million in payments) to humanitarian aid. Once again, Members called on the EU and its Member States to promote an aid effectiveness agenda to eradicate poverty, with a special focus on basic social services for all and ‘public goods’ that are less effectively provided by the private sector, such as primary education, social safety nets, health care and infrastructure for sanitation, water supply and energy. They also underlined the absolute need for the EU to aim for the highest level of coordination in order to achieve coherence with other policy areas (environment, migration, international trade, human rights, agriculture, etc) and to avoid duplication of work and inconsistencies in activities. Domestic resource mobilisation and international tax cooperation : Members asked the Commission to enhance its capacity-building assistance in the areas of tax administration, financial governance, public financial management, anti-corruption, the recovery of stolen assets and the fight against tax evasion . They insisted on actively crack down on tax havens, tax evasion and illicit financial flows and supported the setting-up of an intergovernmental body for tax cooperation under the auspices of the UN. They considered that international corporate tax rules should include the principle that taxes should be paid where value is extracted or created . Several priorities are also mentioned as regards gender equality, research, the environment and the transfer of technologies. Private sector and civil society : Members underlined the high importance of establishing favourable conditions for private enterprise and entrepreneurship in developing countries. They called for alignment of the private sector with the SDGs through appropriate partnerships, financial instruments and incentives, notably for young people and women in the shape of access to credit to support start-ups. They called on the Commission to support increased access to finance for MSMEs and cooperatives in developing countries through new forms of cooperation such as blending and public private partnerships (PPPs). They also support increased market access for developing countries, especially the least developed countries. In parallel, Members called for increased participation of local authorities and civil society, including community-based NGOs, in discussions on development priorities , and for a more inclusive and accountable implementation of the post-2015 agenda. Global governance : Members called for a review of international organisations’ programmes and instruments of financial assistance for development in order to align them with the new sustainable development goals. They urged the European Investment Bank, the European Bank for Reconstruction and Development, the International Monetary Fund and the World Bank to establish the highest standards of responsible financing and to gear their resources more closely to the needs of developing countries , including through mutually effective pro-poor lending facilities. Monitoring, accountability and review : Members called for an agreement at the Addis Ababa conference on robust, transparent and accessible monitoring and accountability framework for effective tracking and follow-up of investment and progress as regards specific commitments and objectives. They asked all parties to ensure the transparent and efficient implementation of aid and financing, in particular by signing and effectively implementing the provisions of the UN Convention against Corruption. They called for an international initiative to improve the quality of statistics, data and information in order to track spending, investment and progress on specific commitments and objectives. Lastly, Members reiterated that, as a complement to GDP, a new set of other indicators is necessary in order to take account of new social and environmental challenges, and that this set should include in particular the Human Development Index, the carbon footprint and the ecological footprint.
  • date: 2015-05-18T00:00:00 type: Debate in Parliament body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20150518&type=CRE title: Debate in Parliament
  • date: 2015-05-19T00:00:00 type: Results of vote in Parliament body: EP docs: url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=25606&l=en title: Results of vote in Parliament
  • date: 2015-05-19T00:00:00 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=P8-TA-2015-0196 title: T8-0196/2015 summary: The European Parliament adopted by 582 votes to 79, with 28 abstentions, a resolution on Financing for Development. Recalling that 1.5 billion people are still living in poverty, Parliament called on the European Union to affirm its political leadership throughout the preparatory process towards the definition of a sustainable development framework, a renewed agreement on financing for development and other means of implementation on the matter. It welcomed the recent Commission communication entitled ‘ A Global Partnership for Poverty Eradication and Sustainable Development after 2015 ’, whilst regretting a certain lack of commitment regarding the timeline for future financial targets. International public financing : Parliament stressed that Official Development Assistance (ODA) remains a key instrument for financing development and urged the EU and its Member States to re-commit without delay to the 0.7% of GNI target for ODA , with 50% of ODA and at least 0.2% of GNI being reserved for Least Developed Countries (LDCs), and to present, taking into account budgetary constraints, multiannual budget timetables for the scale-up to these levels by 2020. Parliament welcomed the EU’s firm stance on focusing efforts on the quantity and quality of development aid and called on the Commission and the Member States to persuade public and private donors around the world to honour their financial promises and to make new commitments. Members stressed that the EU and other developed countries must honour their commitment to provide scaled-up, new and additional climate finance in order to reach by 2020 the goal of jointly mobilising USD 100 billion annually. They support innovative sources for additional development and climate finance, including financial transaction taxes, carbon taxes on international aviation and maritime transport , and automatic allocation of carbon market revenues. They welcomed further European and international efforts to identify further additional sources. Recalling that the EU is the world’s leading donor of development aid, accounting for almost 60 % of global official development aid, Parliament called on the EU to take account of long-term financial requirements by favouring and leading a more strategic, ambitious and universal approach in line with the SDGs. It recalled the EU budget’s contribution to financing for development, with EUR 19.7 billion for development cooperation and EUR 6.8 billion for humanitarian aid between 2014 and 2020, in addition to the EUR 2.2 billion emergency aid reserve. It also pointed to the EUR 30.5 billion European Development Fund (EDF). The 2015 budget dedicates EUR 2.4 billion in commitments (EUR 2.1 billion in payments) to development cooperation and EUR 928.8 million in commitments (EUR 918.8 million in payments) to humanitarian aid. In an amendment adopted in plenary, Parliament called on the EU to ensure that negotiations on the post-2015 global development agenda, financing for development and climate change have credible links with the new Sendai Framework for Disaster Risk Reduction 2015-2030 in order to build resilience and preparedness while achieving the global goal of leaving no one behind. Once again, Parliament called on the EU and its Member States to promote an aid effectiveness agenda to eradicate poverty, with a special focus on basic social services for all and ‘public goods’ that are less effectively provided by the private sector, such as primary education, social safety nets, health care and infrastructure for sanitation, water supply and energy. It also underlined the absolute need for the EU to aim for the highest level of coordination in order to achieve coherence with other policy areas (environment, migration, international trade, human rights, agriculture, etc) and to avoid duplication of work and inconsistencies in activities. Domestic resource mobilisation and international tax cooperation : Parliament asked the Commission to enhance its capacity-building assistance in the areas of tax administration, financial governance, public financial management, anti-corruption, the recovery of stolen assets and the fight against tax evasion . It insisted on actively crack down on tax havens, tax evasion and illicit financial flows and supported the setting-up of an intergovernmental body for tax cooperation under the auspices of the UN. Parliament called for the creation of public registers of beneficial ownership and mandatory country-by-country reporting for transnational companies in all sectors and for ensuring a fair distribution of taxing rights while negotiating tax and investment treaties with developing countries. It also considered that international corporate tax rules should include the principle that taxes should be paid where value is extracted or created . Several priorities are also mentioned as regards gender equality, research, the environment and the transfer of technologies. Parliament supported investment in capacity-building, basic social services such as education and health (ensuring universal health coverage), including sexual and reproductive health and rights, nutrition, public services and social protection and the fight against poverty. Private sector and civil society : Parliament underlined the high importance of establishing favourable conditions for private enterprise and entrepreneurship in developing countries. It called for alignment of the private sector with the SDGs through appropriate partnerships, financial instruments and incentives, notably for young people and women in the shape of access to credit to support start-ups. Parliament recalled that public aid alone is far from sufficient to cover all investment needs in developing countries . It insisted therefore on the leverage role of blending and public-private partnerships (PPPs) as a means to enhance the impact of development assistance, to attract private finance and to support local businesses. It stressed, however, that blended finance must not replace state responsibility for delivering on social needs and should be aligned with national development objectives and with development effectiveness principles. It encouraged PPPs in particular in the field of research related to the Innovative Medicines Initiative such as the Ebola+ programme. It also supported increased market access for developing countries, especially the least developed countries. In parallel, Parliament called for increased participation of local authorities and civil society, including community-based NGOs, in discussions on development priorities , and for a more inclusive and accountable implementation of the post-2015 agenda. Global governance : Members called for a review of international organisations’ programmes and instruments of financial assistance for development in order to align them with the new sustainable development goals. They urged the European Investment Bank, the European Bank for Reconstruction and Development, the International Monetary Fund and the World Bank to establish the highest standards of responsible financing and to gear their resources more closely to the needs of developing countries , including through mutually effective pro-poor lending facilities. Monitoring, accountability and review : Parliament called for an agreement at the Addis Ababa conference on robust, transparent and accessible monitoring and accountability framework for effective tracking and follow-up of investment and progress as regards specific commitments and objectives. It asked all parties to ensure the transparent and efficient implementation of aid and financing, in particular by signing and effectively implementing the provisions of the UN Convention against Corruption. It called for an international initiative to improve the quality of statistics, data and information in order to track spending, investment and progress on specific commitments and objectives. Lastly, it reiterated that, as a complement to GDP, a new set of other indicators is necessary in order to take account of new social and environmental challenges, and that this set should include in particular the Human Development Index, the carbon footprint and the ecological footprint.
  • date: 2015-05-19T00:00:00 type: End of procedure in Parliament body: EP
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  • 6.30 Development cooperation
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  • The European Parliament adopted by 582 votes to 79, with 28 abstentions, a resolution on Financing for Development.

    Recalling that 1.5 billion people are still living in poverty, Parliament called on the European Union to affirm its political leadership throughout the preparatory process towards the definition of a sustainable development framework, a renewed agreement on financing for development and other means of implementation on the matter. It welcomed the recent Commission communication entitled ‘A Global Partnership for Poverty Eradication and Sustainable Development after 2015’, whilst regretting a certain lack of commitment regarding the timeline for future financial targets.

    International public financing: Parliament stressed that Official Development Assistance (ODA) remains a key instrument for financing development and urged the EU and its Member States to re-commit without delay to the 0.7% of GNI target for ODA, with 50% of ODA and at least 0.2% of GNI being reserved for Least Developed Countries (LDCs), and to present, taking into account budgetary constraints, multiannual budget timetables for the scale-up to these levels by 2020.

    Parliament welcomed the EU’s firm stance on focusing efforts on the quantity and quality of development aid and called on the Commission and the Member States to persuade public and private donors around the world to honour their financial promises and to make new commitments.

    Members stressed that the EU and other developed countries must honour their commitment to provide scaled-up, new and additional climate finance in order to reach by 2020 the goal of jointly mobilising USD 100 billion annually. They support innovative sources for additional development and climate finance, including financial transaction taxes, carbon taxes on international aviation and maritime transport, and automatic allocation of carbon market revenues. They welcomed further European and international efforts to identify further additional sources.

    Recalling that the EU is the world’s leading donor of development aid, accounting for almost 60 % of global official development aid, Parliament called on the EU to take account of long-term financial requirements by favouring and leading a more strategic, ambitious and universal approach in line with the SDGs. It recalled the EU budget’s contribution to financing for development, with EUR 19.7 billion for development cooperation and EUR 6.8 billion for humanitarian aid between 2014 and 2020, in addition to the EUR 2.2 billion emergency aid reserve. It also pointed to the EUR 30.5 billion European Development Fund (EDF).

    The 2015 budget dedicates EUR 2.4 billion in commitments (EUR 2.1 billion in payments) to development cooperation and EUR 928.8 million in commitments (EUR 918.8 million in payments) to humanitarian aid.

    In an amendment adopted in plenary, Parliament called on the EU to ensure that negotiations on the post-2015 global development agenda, financing for development and climate change have credible links with the new Sendai Framework for Disaster Risk Reduction 2015-2030 in order to build resilience and preparedness while achieving the global goal of leaving no one behind.

    Once again, Parliament called on the EU and its Member States to promote an aid effectiveness agenda to eradicate poverty, with a special focus on basic social services for all and ‘public goods’ that are less effectively provided by the private sector, such as primary education, social safety nets, health care and infrastructure for sanitation, water supply and energy.

    It also underlined the absolute need for the EU to aim for the highest level of coordination in order to achieve coherence with other policy areas (environment, migration, international trade, human rights, agriculture, etc) and to avoid duplication of work and inconsistencies in activities.

    Domestic resource mobilisation and international tax cooperation: Parliament asked the Commission to enhance its capacity-building assistance in the areas of tax administration, financial governance, public financial management, anti-corruption, the recovery of stolen assets and the fight against tax evasion. It insisted on actively crack down on tax havens, tax evasion and illicit financial flows and supported the setting-up of an intergovernmental body for tax cooperation under the auspices of the UN. Parliament called for the creation of public registers of beneficial ownership and mandatory country-by-country reporting for transnational companies in all sectors and for ensuring a fair distribution of taxing rights while negotiating tax and investment treaties with developing countries. It also considered that international corporate tax rules should include the principle that taxes should be paid where value is extracted or created.  

    Several priorities are also mentioned as regards gender equality, research, the environment and the transfer of technologies.

    Parliament supported investment in capacity-building, basic social services such as education and health (ensuring universal health coverage), including sexual and reproductive health and rights, nutrition, public services and social protection and the fight against poverty.

    Private sector and civil society: Parliament underlined the high importance of establishing favourable conditions for private enterprise and entrepreneurship in developing countries. It called for alignment of the private sector with the SDGs through appropriate partnerships, financial instruments and incentives, notably for young people and women in the shape of access to credit to support start-ups.

    Parliament recalled that public aid alone is far from sufficient to cover all investment needs in developing countries. It insisted therefore on the leverage role of blending and public-private partnerships (PPPs) as a means to enhance the impact of development assistance, to attract private finance and to support local businesses. It stressed, however, that blended finance must not replace state responsibility for delivering on social needs and should be aligned with national development objectives and with development effectiveness principles. It encouraged PPPs in particular in the field of research related to the Innovative Medicines Initiative such as the Ebola+ programme.

    It also supported increased market access for developing countries, especially the least developed countries.

    In parallel, Parliament called for increased participation of local authorities and civil society, including community-based NGOs, in discussions on development priorities, and for a more inclusive and accountable implementation of the post-2015 agenda.

    Global governance: Members called for a review of international organisations’ programmes and instruments of financial assistance for development in order to align them with the new sustainable development goals. They urged the European Investment Bank, the European Bank for Reconstruction and Development, the International Monetary Fund and the World Bank to establish the highest standards of responsible financing and to gear their resources more closely to the needs of developing countries, including through mutually effective pro-poor lending facilities.

    Monitoring, accountability and review: Parliament called for an agreement at the Addis Ababa conference on robust, transparent and accessible monitoring and accountability framework for effective tracking and follow-up of investment and progress as regards specific commitments and objectives. It asked all parties to ensure the transparent and efficient implementation of aid and financing, in particular by signing and effectively implementing the provisions of the UN Convention against Corruption. It called for an international initiative to improve the quality of statistics, data and information in order to track spending, investment and progress on specific commitments and objectives. Lastly, it reiterated that, as a complement to GDP, a new set of other indicators is necessary in order to take account of new social and environmental challenges, and that this set should include in particular the Human Development Index, the carbon footprint and the ecological footprint.

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  • The Committee on Development adopted the own-initiative report by Pedro SILVA PEREIRA (S&D, PT) on Financing for Development.

    Recalling that 1.5 billion people are still living in poverty, Members called on the European Union to affirm its political leadership throughout the preparatory process towards the definition of a sustainable development framework, a renewed agreement on financing for development and other means of implementation on the matter. They welcomed the recent Commission communication entitled ‘A Global Partnership for Poverty Eradication and Sustainable Development after 2015’, whilst regretting a certain lack of commitment regarding the timeline for future financial targets.

    International public financing: Members urged the EU and its Member States to re-commit without delay to the 0.7 % of GNI target for ODA, with 50 % of ODA and at least 0.2 % of GNI being reserved for least developed countries. They welcomed the EU’s firm stance on focusing efforts on the quantity and quality of development aid. They stressed that the EU and other developed countries must honour their commitment to provide scaled-up, new and additional climate finance in order to reach by 2020 the goal of jointly mobilising USD 100 billion annually. They support innovative sources for additional development and climate finance, including financial transaction taxes, carbon taxes on international aviation and maritime transport, and automatic allocation of carbon market revenues.

    Recalling that the EU is the world’s leading donor of development aid, accounting for almost 60 % of global official development aid, Members called on the EU to take account of long-term financial requirements by favouring and leading a more strategic, ambitious and universal approach in line with the SDGs. They recalled the EU budget’s contribution to financing for development, with EUR 19.7 billion for development cooperation and EUR 6.8 billion for humanitarian aid between 2014 and 2020, in addition to the EUR 2.2 billion emergency aid reserve. They also pointed to the EUR 30.5 billion European Development Fund (EDF). The 2015 budget dedicates EUR 2.4 billion in commitments (EUR 2.1 billion in payments) to development cooperation and EUR 928.8 million in commitments (EUR 918.8 million in payments) to humanitarian aid.

    Once again, Members called on the EU and its Member States to promote an aid effectiveness agenda to eradicate poverty, with a special focus on basic social services for all and ‘public goods’ that are less effectively provided by the private sector, such as primary education, social safety nets, health care and infrastructure for sanitation, water supply and energy.

    They also underlined the absolute need for the EU to aim for the highest level of coordination in order to achieve coherence with other policy areas (environment, migration, international trade, human rights, agriculture, etc) and to avoid duplication of work and inconsistencies in activities.

    Domestic resource mobilisation and international tax cooperation: Members asked the Commission to enhance its capacity-building assistance in the areas of tax administration, financial governance, public financial management, anti-corruption, the recovery of stolen assets and the fight against tax evasion. They insisted on actively crack down on tax havens, tax evasion and illicit financial flows and supported the setting-up of an intergovernmental body for tax cooperation under the auspices of the UN. They considered that international corporate tax rules should include the principle that taxes should be paid where value is extracted or created.  

    Several priorities are also mentioned as regards gender equality, research, the environment and the transfer of technologies.

    Private sector and civil society: Members underlined the high importance of establishing favourable conditions for private enterprise and entrepreneurship in developing countries. They called for alignment of the private sector with the SDGs through appropriate partnerships, financial instruments and incentives, notably for young people and women in the shape of access to credit to support start-ups.

    They called on the Commission to support increased access to finance for MSMEs and cooperatives in developing countries through new forms of cooperation such as blending and public private partnerships (PPPs). They also support increased market access for developing countries, especially the least developed countries.

    In parallel, Members called for increased participation of local authorities and civil society, including community-based NGOs, in discussions on development priorities, and for a more inclusive and accountable implementation of the post-2015 agenda.

    Global governance: Members called for a review of international organisations’ programmes and instruments of financial assistance for development in order to align them with the new sustainable development goals. They urged the European Investment Bank, the European Bank for Reconstruction and Development, the International Monetary Fund and the World Bank to establish the highest standards of responsible financing and to gear their resources more closely to the needs of developing countries, including through mutually effective pro-poor lending facilities.

    Monitoring, accountability and review: Members called for an agreement at the Addis Ababa conference on robust, transparent and accessible monitoring and accountability framework for effective tracking and follow-up of investment and progress as regards specific commitments and objectives. They asked all parties to ensure the transparent and efficient implementation of aid and financing, in particular by signing and effectively implementing the provisions of the UN Convention against Corruption. They called for an international initiative to improve the quality of statistics, data and information in order to track spending, investment and progress on specific commitments and objectives. Lastly, Members reiterated that, as a complement to GDP, a new set of other indicators is necessary in order to take account of new social and environmental challenges, and that this set should include in particular the Human Development Index, the carbon footprint and the ecological footprint.

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  • date: 2015-02-12T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: False committee_full: Budgets committee: BUDG body: EP shadows: group: EPP name: RÜBIG Paul group: ECR name: ZAHRADIL Jan group: ALDE name: GOERENS Charles group: GUE/NGL name: SÁNCHEZ CALDENTEY Lola group: Verts/ALE name: HAUTALA Heidi group: EFD name: CORRAO Ignazio responsible: True committee: DEVE date: 2014-10-07T00:00:00 committee_full: Development rapporteur: group: S&D name: SILVA PEREIRA Pedro
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