Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-24-Speech-3-307"
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"en.20100324.21.3-307"2
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"Mr President, I would like first of all to congratulate the rapporteur for this very comprehensive report.
On 21 April, the Commission will publish its yearly spring development package of proposals to Member States. This year, the focus will be on the actions that remain necessary to achieve the MDGs. The package will adopt a comprehensive approach and define an action plan for accelerated progress towards the MDGs. It will also provide an opportunity to make an ambitious EU contribution to the forthcoming UN High-Level MDG Review in September. In doing so, the EU will remain credible about its commitments and continue to play a leading role in international development.
As rightly emphasised in this report, developing countries have been affected by the crisis much harder than initially expected. In fact, they have been hit through several transmission channels, such as volatile commodity prices, declining export revenues and tourism earnings, as well as falling capital flows and remittances. One common feature is the increase in the financing needs of many countries.
Many developing countries were often obliged to cut social expenditure (notably in nutrition, health and education), entailing severe social and political consequences and threatening not only the achievement of the MDGs by 2015, but also undermining past progress observed in recent years. Despite some first signs of global recovery, developing countries, particularly in sub-Saharan Africa, will certainly lag behind.
The EU has shown leadership and unity through a joint EU response to the crisis framed within the global response, namely within the United Nations, the G20 and G8. We have acted quickly and efficiently to translate pledges into concrete commitments to help developing countries cope with the crisis.
Last spring, the EU adopted a set of comprehensive, timely, targeted and coordinated measures to cushion the human impact of the crisis, boost economic growth in developing countries and protect the most vulnerable.
The EU response comprises not only the Community response but also the EU Member States’ response (their respective bilateral responses as well as their contributions to the resources of the international financial institutions as called upon by the G20). Moreover, close collaboration with the World Bank and the IMF has enabled us to ensure the consistency of our respective analyses and the complementarity of our assistance.
As highlighted in the report, the Commission has set up and is currently implementing a very concrete and short-term ad hoc mechanism, named the Vulnerability FLEX, to support the most vulnerable countries with poor resilience capacity, with a view to enabling them to maintain priority spending, notably in the social sectors.
Other measures include reallocations following ad hoc country reviews and the advanced Mid-Term Review of the 10th European Development Fund, which is currently ongoing, support under the traditional FLEX instrument, frontloading of aid where feasible, etc.
Official Development Assistance (ODA) has played, and will continue to play, a critical role in supporting our partners’ efforts in coping with the crisis. In this context, the Commission welcomes your support in urging Member States to stay committed to achieving by 2015 the 0.7% ODA/GNI target. Other donors should take similar ambitious targets for ODA increases, and we must call upon the entire donor community to live up to their commitments in terms of aid volumes and effectiveness."@en1
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