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 The Budget of the European Union (EU budget) is used to finance EU funding programmes (such as the European Regional Development Fund, the Cohesion Fund, Horizon Europe, or Erasmus+) and other expenditure at the European level. The EU budget ...

's Heading 4 (Global Europe).Kilnes, U., N. Keijzer, J. van Seters and A. Sherrif
More or less? A financial analysis of the proposed 11th European Development Fund (ECDPM Briefing Note 29)
Maastricht:

European Centre for Development Policy Management (ECDPM) The European Centre for Development Policy Management, more commonly known as ECDPM, is a think tank founded in 1986. It is headquartered in Maastricht, Netherlands and has a second office in Brussels, Belgium. ECDPM researches Europe-Africa r ...

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 interim target of 0.56% by 2010, with differentiated intermediate targets for those EU Member States which had recently joined the Union. On 23 May 2011, EU ministers responsible for development co-operation gathered to take stock of progress made and concluded that additional efforts would be needed to close an estimated gap of €50 billion to reach the collective EU target of 0.7% by 2015. The negotiations for the

2014–2020 are currently ongoing. On 29 June 2011, the

European Commission The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body o ...

presented the Communication 'A budget for Europe 2020' to the

European Parliament The European Parliament (EP) is one of the 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 ...

, the council, the

European Economic and Social Committee The European Economic and Social Committee (EESC) is a consultative body of the European Union (EU) established in 1958. It is an advisory assembly composed of "social partners", namely: employers ( employers' organisations), employees (trade ...

and the

Committee of the Regions The European Committee of the Regions (CoR) is the European Union's (EU) assembly of local and regional representatives that provides sub-national authorities (i.e. regions, counties, provinces, municipalities and cities) with a direct voice w ...

. The amount for heading 4 (Global Europe) covering EU external action was in December 2011 further specified by the publication of proposals for a regulations for each of the specific instruments under heading 4. For the Development Cooperation Instrument, the proposed amount for the period 2014–2020 is €23,294.7 million. In tough economic times, seven Member States (

Austria Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous ...

Czech Republic The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The ...

Finland Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of B ...

, Germany, the

Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...

Sweden Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on ...

, and the United Kingdom) argued during 26 March

General Affairs Council The General Affairs Council is a configuration of the Council of the European Union and meets once a month. Meetings bring together the Foreign Ministers of the Member States. Ministers responsible for European Affairs also participate depending o ...

meeting that the

's proposed overall amount for the

should be reduced by €100 billion, or in the case of Sweden, by more than €100 billion. How this will influence the overall amount allocated for EU's development co-operation remains to be seen.Kilnes, U. with A. Sherriff. 2012
Member States’ positions on the proposed 2014–2020 EU Budget – An analysis of the statements made at the 26th of March General Affairs Council meeting with particular reference to External Action and the EDF. (ECDPM Briefing Note 37)
Maastricht:

In 2021 it was merged into

Global Europe Global Europe, officially the Neighbourhood, Development and International Cooperation Instrument (NDICI), is the financial arm of the Common Foreign and Security Policy of the European Union, which provides funding for the European Neighbourhoo ...

External links

Financing instrument for development cooperation – DCI (2007–2013)

Regulation (EC) No 1905/2006 of the European Parliament and of the Council of 18 December 2006 establishing a financing instrument for development cooperation OJ L 378, 27.12.2006, p. 41–71
* The Annual Report 2009 on the European Community's Development and External Assistance Policies and their Implementation in 2008 :

References

{{reflist Foreign relations of the European Union

See also

External links

References