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Eurodad recently made a submission to a discussion hosted by the Global Partnership for Effective Development Cooperation (GPEDC) on "Leveraging Effective Development Cooperation (EDC) to mobilize existing resources for development and enhance private ...

CSOs urge member states to implement Court of Auditors recommendations on blending in upcoming Council Conclusions

Eurodad and several members, including Oxfam International and 11.11.11, have sent a letter to the member states' representatives of the EU Council Working Party on Development Cooperation (CODEV). We are urging them to use the opportunity of the Council Conclusions to ensure implementation of the recommendations of the European Court of Auditors regarding blending mechanisms.  As the EU gears its efforts towards the upcoming negotiations on Financing for Development, civil society ...

EU blending: lessons learnt, or just lip service?

Mathieu Vervynckt

17 Dec 2014 10:36:10

On 12 December, the European Council released its Conclusions on a stronger role of the private sector in development cooperation. Unsurprisingly, there is a heavy focus on the use of financing instruments and mechanisms that use public resources and institutions to ‘leverage’ additional private lending and investment, particularly on ‘blending’ as a tool of development cooperation. (Blending is the use of aid money to subsidise or support public or private sector projects.) However, the Council claims that efforts will be made to improve the development impact of blending operations “on the basis of lessons learnt”. But what will this mean in practice?  Since 2007, the European Commission (EC) has set up eight regional blending facilities to link European aid grants with loans ...

Reaction to Council Conclusions on a stronger role of the private sector in development cooperation

ACTIONAID – EURODAD – OXFAM12 December 2014 - Media reaction  EU governments’ fixation with private sector could compromise commitment to people in poverty  Today EU Development Ministers agreed to boost the role of the private sector in development cooperation. Leading international NGOs ActionAid, Eurodad and Oxfam recognise the important role businesses can play in reducing poverty, but argue that placing the private sector at the centre of EU development policy shows ministers ...

Evaluation of blending facility exposes serious failures

Mathieu Vervynckt

20 Sep 2013 10:33:53

The long-awaited mid-term evaluation of the Neighbourhood Investment Facility (NIF), published last month, raises some serious concerns about the trend of linking Official Development Assistance (ODA) to loans from public finance institutions or commercial lenders – a trend that’s commonly known as ‘blending’. These concerns are in line with issues already raised by Eurodad several times and confirm the findings included in a soon-to-be published Eurodad report on the EU’s ‘blending’ agenda.Historically, blending mechanisms have been used to subsidise loans to the public sector. However, recently different institutions –  including the European Commission (EC) – have used them to increase their support to the private ...