The AidWatch Report is available now!
Since 2005, CONCORD AidWatch monitors and makes recommendations on the quality and quantity of aid provided by the European Union's member states and the European Commission. It focuses on the Overseas Development Assistance (ODA), the main indicator of international aid flow. What did 2015 bring to us? Are we on the right track to eradicate inequality? What is the Development Aid budget used for? Who benefits from it? And how?
Today, the AidWatch report discloses that the European Union has again failed to meet its commitment to spend 0.7% of Gross National Income on Development Aid by 2015. The report 2016 entitled ‘This is not enough’, reveals that only five countries met their 2015 targets: Denmark, Luxembourg, the Netherlands, Sweden and the United Kingdom. This means there is a ‘debt’ of €36.9billion in 2015 between what the EU has promised to developing countries and what it has delivered.
To get the full insights and figures, read the new report!