EU confirmed its position as the world’s leading donor in 2008

The newly published 2009 annual report on the European Community’s development and external assistance policies and their implementation in 2008 shows that the European Union continues to be the world’s leading development aid donor, accounting for 60% of world aid in 2008. The Commission alone committed EUR 12 billion, more than a fifth of the EU total. At the same time the quality and effectiveness of aid are improving, as are transparency and the monitoring of results. The Commission has continued its efforts to make its aid more effective by working more closely with other international donors and by simplifying its procedures. Considerable efforts have also been made to channel aid through national systems in order to strengthen ownership at local level and reduce transaction costs for the partner countries. In 2008 the Commission also stepped up its efforts to mainstream such issues as gender, the environment, and the rights of children and indigenous people in the development process. Source: RAPID http://tinyurl.com/yd4aodv

Advertisements