More Money, Better Spent: EU financing in support of the health MDGs

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www.actionforglobalhealth.eu More Money, Better Spent: EU financing in support of the health MDGs Marielle Hart Action for Global Health

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More Money, Better Spent: EU financing in support of the health MDGs. Marielle Hart Action for Global Health. The Vital Role of the EU. Largest aid donor in the world, 52% of global ODA Strong MDG commitments EU commitment ODA/GNI: 0.51% (EU 15) and 0.17% (new Member States) - PowerPoint PPT Presentation

Transcript of More Money, Better Spent: EU financing in support of the health MDGs

www.actionforglobalhealth.eu

More Money, Better Spent: EU financing in support of the health

MDGs

Marielle Hart

Action for Global Health

www.actionforglobalhealth.eu

The Vital Role of the EU

• Largest aid donor in the world, 52% of global ODA

• Strong MDG commitments• EU commitment ODA/GNI: 0.51% (EU

15) and 0.17% (new Member States)• Collective contribution of 0.56% by 2010

in order to reach the 0.7% by 2015. An additional 20 billion euros of aid!

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The EU’s contribution to health ODA

• Of the US$ 55.7 billion committed to ODA by the EU collectively in 2005,

US$ 3.5 billion was allocated to health (6.2%).

• In order to meet the 0.1% target, the EU would need to provide health ODA of US $ 13.5 billion by 2007 and US$ 19.1 billion in 2015.

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The European Commission and health

• EC in key position: 20% of overall allocation of EU ODA. Largest coverage of partner countries.

• US$ 421 million disbursed as health ODA in 2005. In order to meet the 0.1% target, the EC would need to provide health ODA of US$ 1.3 billion in 2007 and US$ 1.9 billion in 2015.

www.actionforglobalhealth.eu

EC Financing Mechanisms for ODA

• Development Cooperation Instrument / 20% target.

• Thematic funding: Investing in People

• European Development Fund/Country Strategy Papers

• Budget support

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EU aid: “healthy aid”?

• Budget support

• MDG contracting

• EU Division of Labour

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Thank you!