European Commission calls for renewed commitments to reach targets on official development assistance

EU News 94/2015

Brussels, 08 April 2015
IP/15/4747

The European Union and its Member States have kept their place as the world's largest aid donor in 2014. They provided more than half of the Official Development Assistance (ODA) reported last year to the Development Assistance Committee of the Organisation for Economic Co-Operation and Development (OECD/DAC). This is demonstrated by data published today by the Organisation for Economic Co-Operation and Development (OECD).

The new figures show that EU collective ODA (EU institutions and Member States) has increased to EUR 58.2 billion (up 2.4% from 2013) – growing for the second year in a row and reaching its highest nominal level to date. EU collective ODA represented 0.42% of EU Gross National Income (GNI) in 2014, a marginal decline (-0.0085%) from 0.43% in 2013 - due to changes in the way GNI was calculated by most Member States - but significantly higher than for other OECD donors whose ODA averaged 0.28% of GNI. Without the change in GNI methodology, EU collective ODA in 2014 would have reached 0.44% of EU GNI.

Source and additional information:
http://europa.eu/rapid/press-release_IP-15-4747_en.htm?locale=en

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