EU provides €75.7bn Official Development Assistance

The European Union and its member states continue to be the world’s leading provider of Official Development Assistance (ODA) with an overall amount of €75.7 billion in 2017, according to newly released figures by the OECD-DAC.

Global ODA, reported to the OECD-DAC by all donors, decreased from €131 billion in 2016 to €130 billion in 2017.

EU collective ODA constituted 57% of global ODA in 2017 — but the latest figures show a 2.4% decrease of EU collective ODA for 2017 compared to the previous year.

In 2016, EU ODA reached its highest level ever.

European Commissioner for International Cooperation and Development, Neven Mimica, said: “The EU and its Member States continue to provide over half of the total Official Development Assistance globally, investing in people, stronger institutions and societies.

“However, I am strongly concerned about the decrease of EU collective ODA and of development assistance worldwide. Achieving sustainable development requires a persistent collective effort.

“We know we need to do more.

“As the world’s leading ODA provider the EU must show leadership and responsibility.”

 

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Mark McSherry
Dalriada Media LLC sites are edited by veteran news journalist Mark McSherry, a former staff editor and reporter with Reuters, Bloomberg and major newspapers including the South China Morning Post, London's Sunday Times and The Scotsman. McSherry's journalism has also appeared in The Washington Post, The Guardian, The Independent, The New York Times, London's Evening Standard and Forbes. McSherry is also a professor of journalism and communication arts in universities and colleges in New York City. Scottish-born McSherry has an MBA from the University of Edinburgh and a Certificate in Global Affairs from New York University.