Development Assistance reaches highest level ever
13 April, 2017
New figures released last week confirmed that the EU and its Member States have consolidated their place as the world's leading aid donor in 2016, the EU press service reported. Preliminary OECD figures show that Official Development Assistance (ODA) provided by the EU and its Member States has reached €75.5bn in 2016. This constitutes an 11% increase compared to 2015 levels.
The EU's assistance has increased for the fourth year in a row and reached its highest level to date. In 2016, EU collective ODA represented 0.51% of EU Gross National Income (GNI), having increased from 0.47% in 2015. This is significantly above the 0.21% average of countries that are not members of the EU's Development Assistance Committee (DAC).
“I am proud that the EU remains the world's leading provider of Official Development Assistance, a clear proof of our commitment to the UN Sustainable Development Goals. We call on all development actors to re-double their efforts to do likewise. And we do not stop there. Leveraging private sector investments, helping mobilise domestic resources and intensifying joint efforts with EU Member States, we seek to make the most of all financing sources for development,” Development Commissioner Neven Mimica said.
In 2016, five EU Member States provided 0.7% or more of their GNI in ODA: Luxembourg (1.00%), Sweden (0.94%), Denmark (0.75%), Germany (0.7%) and the UK (0.7%). Sixteen EU Member States increased their ODA compared to their GNI, while 5 Member States reduced their ODA and 7 remained at the same level as last year.