Achieving the Sustainable Development Goals will not be limited by an overall lack of money, but rather will depend on “the way finance is mobilised and used”. That’s the message from the European Report on Development 2015, released this week.
Budget Support comprises around 20% of the European Union’s aid to partner countries, with 125 ongoing operations in more than 80 countries. New Guidelines provide improved levels of safety and transparency in its application.
Effective capacity development involves understanding and supporting change management processes, according to consultants Carole Pretorius and Nico Pretorius who took part in a special capacity development workshop in Brussels recently.
Over the past couple of years a number of donor agencies have adopted Political Economy Analysis tools to assist development practice. The European Union Delegation to Zambia recently carried out two pilot political economy studies. Their experience provides lessons for developing an EC tool.
As the European Commission and the Member States of the European Union are busy shaping the future of EU Budget Support, voices from civil society and developing countries call for strengthened budget support as one of the most effective ways of providing aid to poor countries.
The European Union’s Commissioner for Development, Andris Piebalgs, recently presented an ‘Agenda for Change’; designed to increase the impact of EU development policy and introduce a new approach on EU budget support.
Should donors be providing more or less budget support and does it have a significant impact on poverty reduction? Is it value for money and how could it be used more effectively? These are just some of the questions the European Commission asked at a recent public consultation.