ODA__rising commitments, decreasing importance?
Online, 28 May 2015. In order to achieve the Millennium Development Goals (MDGs), the EU member countries agreed in 2005 to reach a share of 0.7% Official Development Assistance (ODA) of the respective Gross National Income (GNI) by 2015. Member States which joined the EU after 2002 decided to aim for 0.33% ODA/GNI. Further stressing ODA as an important and catalytic element in the overall financing available for developing countries most in need, the European Council publishes annually a report on the EU and Member States’ commitments and delivery on ODA. The 5th report of this kind was recently submitted.