New EU 'flagships' to focus on multilateral aid

    A woman works on a sewing machine as part of vocational training provided by the European Union to create jobs and prevent irregular migration in Cambodia. The EU may focus on the plight of migrants as part of an upcoming "flagship" initiative. Photo by: Mak Remissa / EuropeAid

    The European Union is planning to roll out a series of “flagship” initiatives in the coming years to tackle cross-cutting global development challenges. Funding for smaller, less sustainable projects may decrease as a result, officials tell Devex in an exclusive look at the ongoing negotiations.

    An initial set of flagships is expected to be finalized sometime next year by the European Commission’s Directorate General for Development Cooperation in consultation with members of the European Parliament and other EU departments. Implementation will fall under the regional bloc’s new financial framework, which was finalized last week and spans the years 2014 to 2020.

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    About the author

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      Rolf Rosenkranz

      Rolf Rosenkranz oversees a talented team of in-house journalists, correspondents and guest contributors located around the globe. Since joining Devex in early 2008, Rolf has been instrumental in growing its fledgling news operation into the leading online source for global development news and analysis. Previously, Rolf was managing editor at Inside Health Policy, a subscription-based news service in Washington. He has reported from Africa for the Johannesburg-based Star and its publisher, Independent News & Media, as well as the Westdeutsche Allgemeine Zeitung, a German daily.