Financing and funding for sustainable development
What’s the issue?
Tackling inequalities, mitigating climate change, building peaceful and thriving societies, and achieving global sustainable development objectives requires a continuous engagement as well as funding.
Although world leaders have agreed on ambitious and universal Sustainable Development Goals and development effectiveness principles, finding the finances to achieve these targets remains a challenge.
The effectiveness of development cooperation depends on partner countries’ ownership of policies, programmes and processes. However, the path towards sustainable development is too often decided elsewhere.
Although civil society organisations play a vital role in speaking up against inequalities and injustices, the support and funding for civil society is also shrinking around the world, with Europe being no exception.
Change we want to see
EU budget for solidarity
10% of the 2021-2027 EU budget goes to ‘Neighbourhood and the World’.
Civil society consulted
Civil society organisations are effectively consulted on future EU development funding.
transparent aid data
Civil society organisations are effectively consulted on future EU development funding.
What we want the EU to do
EU institutions and EU Member States should implement effective development cooperation in line with the Leave No One Behind principle.
EU institutions and EU Member States should provide more and better Official Development Assistance (ODA), with a focus on results. To create ownership in partner countries, the EU must meaningfully consult civil society organisations on programming processes and ensure they can access EU funding which respects the diversity of the sector.
Who holds the lion’s share? A closer look at Global Europe Funds for CSOs
In light of the ongoing mid-term evaluation of the NDICI-Global Europe and the mid-term review of its programming, which should be finalised in 2024, CONCORD undertook a study on EU development cooperation funding for CSOs at country and regional level to inform, stimulate and support its discussions with relevant EU institutions and EU Member States. It will also contribute to discussions about CSO funding mechanisms and potential adaptations, especially with regards to the geographic programming.
Its objectives:
· Assess EU funding going to and through CSOs;
· Critically examine how the EU’s political discourse matches NDICI-Global Europe funding decisions, and
· Explore potential adaptations of the support and funding modalities to reach all types of CSOs.
Latest resources
Bursting the ODA inflation bubble and more: CONCORD Newsletter October 2023
Civil society power, Digitalisation, Financing / funding for sustainable development, Gender equality, Global citizenship education, Inequalities & sustainable economy, Policy coherence for sustainable development, Private sector, Regional alliances
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Talking Development Episode 7: The future EU budget concerns us all
Talking Development Episode 5 with Jeroen Kwakkenbos: EU aid and innovative financing tools for sustainable development
Development cooperation, Financing for development, Sustainability, 2030 Agenda
Latest news
ODA under scrutiny: AidWatch 2023 launch event
On Wednesday 18th October, CONCORD launched its 2023 AidWatch report, ‘Bursting the ODA inflation bubble.’ The report analyses both the quantity and the quality of EU ODA, finding that although reported figures are at a record high, 22% of reported ODA did not meet the most basic criteria to qualify as such.
Bursting the ODA inflation bubble: AidWatch 2023 Report Unveils the Gap Between Rhetoric and Reality
While Official Development Aid (ODA) figures are reportedly at record highs, the AidWatch 2023 report shows how the EU and its Member States have managed once again to claim billions as aid that did not meet the most basic criteria to qualify as ODA.
AidWatch 2022 | 1 euro in every 6 not going towards those left furthest behind
2021 should have been the year to double down on ODA to counter compounding global challenges. Instead, 1 euro in every 6 from EU and Member States’ ODA budgets did not even go towards those left furthest behind.
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