EU member states: 3 funding trends you should know

The EU Children of Peace project implemented by Finnish Church Aid and the Lutheran World Federation brings education to more than 7,000 children in Rakhine State, Myanmar. Growing international concern with stability and security-related issues seems to have led several European donor countries to shift away from education to focus more on institution building and good governance. Photo by: Pierre Prakash / EU / ECHO / CC BY-ND

A unique opportunity to push for an ambitious development and financing framework to succeed the Millennium Development Goals, 2015 is turning out to be a bitter year for the European Union.

Accused of foot-dragging, the EU has recently come under intense fire by nongovernmental organizations. Ignoring calls for an overhaul of the global financial system, the 28-member bloc has not backed the creation of an intergovernmental body that would decide on global tax standards. Meanwhile, activists have warned that the failure of EU ministers to set a deadline for their pledge to dedicate 0.7 percent of gross national income to development aid constituted a “historic mistake.”

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About the author

  • Devos manola

    Manola De Vos

    Manola De Vos is a development analyst for Devex. Based in Manila, she contributes to the Development Insider and Money Matters newsletters. Prior to joining Devex, Manola worked in conflict analysis and political affairs for the United Nations, International Crisis Group and the European Union.