Development Cooperation Instrument
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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 ( The Union’s annual 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 ...
'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)
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
Budget of the European Union The budget of the European Union ( The Union’s annual 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 ...
2014–2020 are currently ongoing. On 29 June 2011, the
European Commission The European Commission (EC) is the primary Executive (government), executive arm of the European Union (EU). It operates as a cabinet government, with a number of European Commissioner, members of the Commission (directorial system, informall ...
presented the Communication 'A budget for Europe 2020' to the
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, the council, the
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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 (
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,
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,
Finland Finland, officially the Republic of Finland, is a Nordic country in Northern Europe. It borders Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bothnia to the west and the Gulf of Finland to the south, ...
, Germany, the
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,
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, and the United Kingdom) argued during 26 March General Affairs Council meeting that the
European Commission The European Commission (EC) is the primary Executive (government), executive arm of the European Union (EU). It operates as a cabinet government, with a number of European Commissioner, members of the Commission (directorial system, informall ...
's proposed overall amount for the
Budget of the European Union The budget of the European Union ( The Union’s annual 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 ...
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: European Centre for Development Policy Management (ECDPM)
In 2021 it was merged into Global Europe.


See also

*
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 provi ...
* ACP-EU Development Cooperation * ACP-EU Joint Parliamentary Assembly


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