The European Parliament voted Wednesday to try to boost European Union spending on development and humanitarian aid for 2018 ahead of final budget negotiations next month.
NGOs reiterated their call for EU development money to target poverty eradication, rather than migration control and border protection, amid concern that aid priorities are shifting.
The plenary session in Strasbourg, France, agreed the parliament’s position on the EU’s spending priorities by a margin of 414 votes to 163. The bloc’s three main bodies — including the European Parliament, European Commission, and Council of the European Union — will now take their positions into closed-door talks, with an outcome expected in mid-November.
The EU institutions are the world’s fourth largest donor of bilateral aid, according to OECD data. For 2018, the European Commission — the body responsible for implementing policy — had initially proposed a budget of 9.6 billion euros under the banner of “Global Europe,” including a 6.7 percent cut in 2017 aid spending, although that figure does not cover the European Development Fund, which is paid for by member states on a voluntary basis outside of the official EU budget.
Read the full article on EU aid spending by Vince Chadwick at Devex International Development
If you are looking for more articles and resources for Funding, take a look at these Giving Compass selections related to impact giving and Funding.
Looking for a way to get involved?
A good way to complement your interest in Economic Dev is to connect with others. Check out these events, galas, conferences or volunteering opportunities related to Economic Dev.
Are you ready to give?
If you are looking for opportunities to take action and give money to Economic Dev, here are some Giving Funds, Charitable Organizations and Projects aggregated by Giving Compass where you can take immediate action.