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"Mr President, honourable Members, honourable Minister Stanowski, I would like to thank Ms Striffler and the Development Committee for this timely question. And the last point I would like to emphasise is that, even under the Lisbon Treaty, a rather complicated treaty, we had excellent cooperation with the Polish Presidency on development issues and I would like to thank Minister Stanowski for his engagement in keeping development issues rightly on the Council agenda. His presence today is very much a confirmation of his personal engagement and that the Commission, Council and Parliament need to work together in this area to help the poorest people. The European Commission relies on the confirmation by all the EU Heads of State or Government at the June 2011 European Council that they plan and are committed to achieve the 0.7% aid targets by 2015. The ambitious EU commitment to the 0.7% ODA target is a strong indicator of our resolve in helping the developing countries. As this collective target is based on the individual commitments by Member States, the EU Union collective Official Development Aid level depends on the individual budgetary decisions by all EU Member States. I really believe that they will stand by their words despite the complicated economic climate in the EU. The European Commission will continue strongly to call on all Member States to respect their commitments. I admit that the EU has fallen short of its collective intermediate indicative target for 2010. At the same time, I would like to emphasise that, compared to 2009, European Union official development aid increased by more than EUR 4.5 billion, reaching EUR 53 billion in 2010. In the global context, the EU is leading the world on development aid increases. Since 2004, we have provided 65% of global aid increases and today, the European Union accounts for more than half of global development aid. Official Development Aid remains important for reaching the Millennium Development Goals’ targets and all development partners can also be called upon to contribute their fair share. It is also true that the European Union budget could and should be a part of the increase of Official Development Aid. In the multiannual financial framework proposal, the European Commission has put forward increasing resources allocated to development aid. The proposed increase reflects the commitment to reach the 0.7% target, under the assumption that the share of EU-channelled ODA remains stable. At the same time, Official Development Aid increases alone will not be sufficient to meet all the financing needs of the developing world, to address the numerous global challenges. To bridge the financing gap and provide the necessary resources, they should be ready to put all their efforts into mobilising all financial resources, including private resources, because only in this way can we dramatically increase the scale of support. This also includes looking at mechanisms, such as guarantees and blending loans and grants. I believe the G20 process, under the French Presidency, has started a very important discussion on a financial transaction tax and that these resources should also be used for development needs. There are other sources indicated in the Gates report, which we should look at and discuss at the appropriate time. But I would also like to emphasise other aspects that are of particular importance at this time when each euro spent in the European Union is looked upon twice or three times – that the money spent provides exactly the results that we should expect – so that means aid efficiency is crucial. We will look at the global relations in this respect, between the developed world and the developing world, to ensure that aid money is spent efficiently, transparently and with the profitability that is needed. I was also asked a question about a peer review. Definitely, the European Commission fully supports Parliament’s full involvement in the OECD/DAC Peer Review and a peer review team will be coming again and will be working with Parliament to find the right answers for EU development cooperation. We are very much looking at the result of this peer review. In previous times, it gave a lot of very valuable contributions on how to involve it and I believe it is the right instrument internationally to reflect on it."@en1
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