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European Development Fund
The European Development Fund (EDF) was the main instrument for European Union (EU) aid for development cooperation in Africa, the Caribbean, and Pacific ( ACP Group) countries and the Overseas Countries and Territories (OCT). Funding was provided by voluntary donations by EU member states. Until 2020 the EDF was subject to its own financial rules and procedures, and was managed by the European Commission (EC) and the European Investment Bank. The EDF has been incorporated into the EU's general budget as of the 2021–2027 multi-annual financial framework. Articles 131 and 136 of the 1957 Treaty of Rome provided for its creation with a view to granting technical and financial assistance to African countries that were still colonised at that time and with which certain countries had historical links. Usually lasting 6 years, each EDF lays out EU assistance to both individual countries and regions as a whole. Funding Until its incorporation into the EU's general budget in 2021 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The union has a total area of and an estimated population of over 449million as of 2024. The EU is often described as a ''sui generis'' political entity combining characteristics of both a federation and a confederation. Containing 5.5% of the world population in 2023, EU member states generated a nominal gross domestic product (GDP) of around €17.935 trillion in 2024, accounting for approximately one sixth of global economic output. Its cornerstone, the European Union Customs Union, Customs Union, paved the way to establishing European Single Market, an internal single market based on standardised European Union law, legal framework and legislation that applies in all member states in those matters, and only those matters, where the states ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cotonou Agreement
The Cotonou Agreement (French: ''Accord de Cotonou'') is a treaty between the European Union (EU) and the African, Caribbean and Pacific Group of States ("ACP countries"). It was signed in June 2000 in Cotonou, Benin's largest city, by 78 ACP countries (Cuba did not sign) and the then fifteen EU member states. It entered into force in 2003 and was subsequently revised in 2005 and 2010. Following the 2010 revision, the agreement was due to expire on 29 February 2020, but it was extended temporarily to no later than 31 October 2023, pending adoption of a new agreement (the Samoa Agreement). Aims The Cotonou Agreement is aimed at the reduction and eventual eradication of poverty while contributing to sustainable development and to the gradual integration of ACP countries into the world economy. The revised Cotonou Agreement is also concerned with the fight against impunity and promotion of criminal justice through the International Criminal Court. Main principles The Cotonou Agr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Politics Of The European Union
The political structure of the European Union (EU) is similar to a confederation, where many policy areas are Federation, federalised into common Institutions of the European Union, institutions capable of making law; the competences to control Common Foreign and Security Policy, foreign policy, Common Security and Defence Policy, defence policy, or the majority of direct taxation policies are mostly reserved for the twenty-seven state governments (the Union does limit the level of variation allowed for VAT). These areas are primarily under the control of the Member state of the European Union, EU's member states although a certain amount of structured co-operation and coordination takes place in these areas. For the EU to take substantial actions in these areas, all Member States must give their consent. European Union law, Union laws that override State laws are more numerous than in historical confederations; however, the EU is legally restricted from making law outside its re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Development Cooperation Instrument
Development Cooperation Instrument (2008–2013) covers three components: 1. Geographic programmers supporting co-operation with 47 developing countries in Latin America, Asia & Central Asia, the Gulf region and South Africa. 2. Thematic programmes benefiting all developing countries (including those covered by the European Development Fund 3. Programmes of accompanying measures for the 18 ACP Sugar Protocol countries, to help them adjust and following the reform of the EU sugar regime. The Development Cooperation Instrument is currently the second-largest financial instrument under Budget of the European Union's Heading 4 (Global Europe).Kilnes, U., N. Keijzer, J. van Seters and A. SherrifMore or less? A financial analysis of the proposed 11th European Development Fund (ECDPM Briefing Note 29) Maastricht: European Centre for Development Policy Management (ECDPM) In 2005, the EU and its Member States agreed to achieve a collective level of ODA of 0.7% of GNI by 2015 and an in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Courier (ACP-EU)
''The Courier'' was an ACP-EU development magazine published by the Development Directorate General of the European Commission, focusing on ACP-EU Development Cooperation. Financed by the European Development Fund (EDF), it was published every two months, till it came to end in 2011. Its last edition was nr 24 covering months of July and August 2011. Its overall stated objective is to communicate, explain, promote and support the development objectives and principles of the Cotonou Agreement (art 5). History The decision by the European Community and African countries to create a joint publication on development dates back to first Yaoundé Convention of 1963, linking the six countries of the recently formed European Community (Treaty of Rome, 1957) with 18 countries of the African Associated States and Madagascar, which foresaw boosting the capacity of African states in the field of information. Originally entitled ''The ACP-EU Courier'', the first issue of the magazine was pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aid Effectiveness
In international relations, aid (also known as international aid, overseas aid, foreign aid, economic aid or foreign assistance) is – from the perspective of governments – a voluntary transfer of resources from one country to another. The type of aid given may be classified according to various factors, including its intended purpose, the terms or conditions (if any) under which it is given, its source, and its level of urgency. For example, aid may be classified based on urgency into emergency aid and development aid. Emergency aid is rapid assistance given to a people in immediate distress by individuals, organizations, or governments to relieve suffering, during and after man-made emergencies (like wars) and natural disasters. Development aid is aid given to support development in general which can be economic development or social development in developing countries. It is distinguished from humanitarian aid as being aimed at alleviating poverty in the long term, r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Parliament
The European Parliament (EP) is one of the two legislative bodies of the European Union and one of its seven institutions. Together with the Council of the European Union (known as the Council and informally as the Council of Ministers), it adopts European legislation, following a proposal by the European Commission. The Parliament is composed of 720 members (MEPs), after the June 2024 European elections, from a previous 705 MEPs. It represents the second-largest democratic electorate in the world (after the Parliament of India), with an electorate of around 375 million eligible voters in 2024. Since 1979, the Parliament has been directly elected every five years by the citizens of the European Union through universal suffrage. Voter turnout in parliamentary elections decreased each time after 1979 until 2019, when voter turnout increased by eight percentage points, and rose above 50% for the first time since 1994. The voting age is 18 in all EU member states e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neighbourhood, Development And International Cooperation Instrument
The Neighbourhood, Development and International Cooperation Instrument – Global Europe, also known as the NDICI-GE or simply Global Europe, is a European Union financial instrument through which the EU invests in development, improving governance, and fighting climate change in non-EU states. The NDICI-GE is part of the wider Global Gateway strategy. History Negotiations for the establishment of the NDICI-GE were concluded in December 2020, and the structure of the instrument was approved by the Council of the European Union. In March 2021, it was endorsed in principle by the European Parliament. The regulation legally authorising the NDICI was approved by the Council and Parliament on 9 June; it came into force on 14 June, but applied retroactively to 1 January 2021. Since its adoption, the NDICI-GE is the EU's main financial instrument for development and foreign aid. Previously, EU external spending on development was channelled through multiple separate financial instrumen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sustainable Development Goals
The ''2030 Agenda for Sustainable Development'', adopted by all United Nations (UN) members in 2015, created 17 world Sustainable Development Goals (SDGs). The aim of these global goals is "peace and prosperity for people and the planet" – while tackling climate change and working to preserve oceans and forests. The SDGs highlight the connections between the environmental, social and economic aspects of sustainable development. Sustainability is at the center of the SDGs, as the term ''sustainable development'' implies. These goals are ambitious, and the reports and outcomes to date indicate a challenging path. Most, if not all, of the goals are unlikely to be met by 2030. Rising inequalities, climate change, and biodiversity loss are topics of concerns threatening progress. The COVID-19 pandemic in 2020 to 2023 made these challenges worse, and some regions, such as Asia, have experienced significant setbacks during that time. There are cross-cutting issues and synergy, syner ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
