Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-02-23-Speech-3-192"
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"en.20050223.16.3-192"2
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".
Mr President, I should like to say to Mr Barón Crespo and Mrs Morgantini that I believe President Lula’s initiative is very important and very relevant.
My colleagues, my fellow-Commissioner Mr Michel, who is dealing with this specific issue, sends his apologies and naturally I am happy to take this question on his behalf. The Commission endorses the fundamental standpoint that prompted the Quartet to consider new sources of funding. In order to achieve the Millennium Development Goals, we need a significant increase in financial resources, especially ODA – official development assistance. This must go beyond the increase that was agreed in Monterrey and the associated commitment to development financing. However, as the World Bank notes in its report to the Committee on Development, the simplest and most effective way of increasing the available resources is to provide a greater proportion of funding for development assistance from national budgets.
The European Union has already adopted this course in fulfilment of the commitments undertaken in Barcelona in 2002 and will pursue it further, possibly at an accelerated pace. We intend to make practical proposals which will be presented by my colleague Louis Michel to the Commission for discussion before they are forwarded to the Council, notably in the context of the Commission Communication, now being prepared, which follows up the Monterrey Conference, and in relation to a consolidated project for the Millennium Summit +5 review conference in September 2005.
My personal view is that the current innovative proposals, such as the Global Marshall Plan Initiative, are very interesting and we will, of course, take part in the discussions within the various bodies. However, they should not serve as a pretext for putting the Monterrey commitments on the back-burner or downgrading them. On the contrary, these commitments must be reaffirmed and new ones must be made."@en1
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