Progress: Procedure completed
Role | Committee | Rapporteur | Shadows |
---|---|---|---|
Lead | DEVE | SILVA PEREIRA Pedro ( S&D) | RÜBIG Paul ( PPE), ZAHRADIL Jan ( ECR), GOERENS Charles ( ALDE), HAUTALA Heidi ( Verts/ALE), CORRAO Ignazio ( EFDD) |
Committee Opinion | BUDG | GOERENS Charles ( ALDE) | Paul RÜBIG ( PPE), Indrek TARAND ( Verts/ALE) |
Lead committee dossier:
Legal Basis:
RoP 54
Legal Basis:
RoP 54Events
The European Parliament adopted by 582 votes to 79, with 28 abstentions, a resolution on Financing for Development.
Recalling that 1.5 billion people are still living in poverty, Parliament called on the European Union to affirm its political leadership throughout the preparatory process towards the definition of a sustainable development framework, a renewed agreement on financing for development and other means of implementation on the matter. It welcomed the recent Commission communication entitled ‘ A Global Partnership for Poverty Eradication and Sustainable Development after 2015 ’, whilst regretting a certain lack of commitment regarding the timeline for future financial targets.
International public financing : Parliament stressed that Official Development Assistance (ODA) remains a key instrument for financing development and urged the EU and its Member States to re-commit without delay to the 0.7% of GNI target for ODA , with 50% of ODA and at least 0.2% of GNI being reserved for Least Developed Countries (LDCs), and to present, taking into account budgetary constraints, multiannual budget timetables for the scale-up to these levels by 2020.
Parliament welcomed the EU’s firm stance on focusing efforts on the quantity and quality of development aid and called on the Commission and the Member States to persuade public and private donors around the world to honour their financial promises and to make new commitments.
Members stressed that the EU and other developed countries must honour their commitment to provide scaled-up, new and additional climate finance in order to reach by 2020 the goal of jointly mobilising USD 100 billion annually. They support innovative sources for additional development and climate finance, including financial transaction taxes, carbon taxes on international aviation and maritime transport , and automatic allocation of carbon market revenues. They welcomed further European and international efforts to identify further additional sources.
Recalling that the EU is the world’s leading donor of development aid, accounting for almost 60 % of global official development aid, Parliament called on the EU to take account of long-term financial requirements by favouring and leading a more strategic, ambitious and universal approach in line with the SDGs. It recalled the EU budget’s contribution to financing for development, with EUR 19.7 billion for development cooperation and EUR 6.8 billion for humanitarian aid between 2014 and 2020, in addition to the EUR 2.2 billion emergency aid reserve. It also pointed to the EUR 30.5 billion European Development Fund (EDF).
The 2015 budget dedicates EUR 2.4 billion in commitments (EUR 2.1 billion in payments) to development cooperation and EUR 928.8 million in commitments (EUR 918.8 million in payments) to humanitarian aid.
In an amendment adopted in plenary, Parliament called on the EU to ensure that negotiations on the post-2015 global development agenda, financing for development and climate change have credible links with the new Sendai Framework for Disaster Risk Reduction 2015-2030 in order to build resilience and preparedness while achieving the global goal of leaving no one behind.
Once again, Parliament called on the EU and its Member States to promote an aid effectiveness agenda to eradicate poverty, with a special focus on basic social services for all and ‘public goods’ that are less effectively provided by the private sector, such as primary education, social safety nets, health care and infrastructure for sanitation, water supply and energy.
It also underlined the absolute need for the EU to aim for the highest level of coordination in order to achieve coherence with other policy areas (environment, migration, international trade, human rights, agriculture, etc) and to avoid duplication of work and inconsistencies in activities.
Domestic resource mobilisation and international tax cooperation : Parliament asked the Commission to enhance its capacity-building assistance in the areas of tax administration, financial governance, public financial management, anti-corruption, the recovery of stolen assets and the fight against tax evasion . It insisted on actively crack down on tax havens, tax evasion and illicit financial flows and supported the setting-up of an intergovernmental body for tax cooperation under the auspices of the UN. Parliament called for the creation of public registers of beneficial ownership and mandatory country-by-country reporting for transnational companies in all sectors and for ensuring a fair distribution of taxing rights while negotiating tax and investment treaties with developing countries. It also considered that international corporate tax rules should include the principle that taxes should be paid where value is extracted or created .
Several priorities are also mentioned as regards gender equality, research, the environment and the transfer of technologies.
Parliament supported investment in capacity-building, basic social services such as education and health (ensuring universal health coverage), including sexual and reproductive health and rights, nutrition, public services and social protection and the fight against poverty.
Private sector and civil society : Parliament underlined the high importance of establishing favourable conditions for private enterprise and entrepreneurship in developing countries. It called for alignment of the private sector with the SDGs through appropriate partnerships, financial instruments and incentives, notably for young people and women in the shape of access to credit to support start-ups.
Parliament recalled that public aid alone is far from sufficient to cover all investment needs in developing countries . It insisted therefore on the leverage role of blending and public-private partnerships (PPPs) as a means to enhance the impact of development assistance, to attract private finance and to support local businesses. It stressed, however, that blended finance must not replace state responsibility for delivering on social needs and should be aligned with national development objectives and with development effectiveness principles. It encouraged PPPs in particular in the field of research related to the Innovative Medicines Initiative such as the Ebola+ programme.
It also supported increased market access for developing countries, especially the least developed countries.
In parallel, Parliament called for increased participation of local authorities and civil society, including community-based NGOs, in discussions on development priorities , and for a more inclusive and accountable implementation of the post-2015 agenda.
Global governance : Members called for a review of international organisations’ programmes and instruments of financial assistance for development in order to align them with the new sustainable development goals. They urged the European Investment Bank, the European Bank for Reconstruction and Development, the International Monetary Fund and the World Bank to establish the highest standards of responsible financing and to gear their resources more closely to the needs of developing countries , including through mutually effective pro-poor lending facilities.
Monitoring, accountability and review : Parliament called for an agreement at the Addis Ababa conference on robust, transparent and accessible monitoring and accountability framework for effective tracking and follow-up of investment and progress as regards specific commitments and objectives. It asked all parties to ensure the transparent and efficient implementation of aid and financing, in particular by signing and effectively implementing the provisions of the UN Convention against Corruption. It called for an international initiative to improve the quality of statistics, data and information in order to track spending, investment and progress on specific commitments and objectives. Lastly, it reiterated that, as a complement to GDP, a new set of other indicators is necessary in order to take account of new social and environmental challenges, and that this set should include in particular the Human Development Index, the carbon footprint and the ecological footprint.
The Committee on Development adopted the own-initiative report by Pedro SILVA PEREIRA (S&D, PT) on Financing for Development.
Recalling that 1.5 billion people are still living in poverty, Members called on the European Union to affirm its political leadership throughout the preparatory process towards the definition of a sustainable development framework, a renewed agreement on financing for development and other means of implementation on the matter. They welcomed the recent Commission communication entitled ‘ A Global Partnership for Poverty Eradication and Sustainable Development after 2015 ’, whilst regretting a certain lack of commitment regarding the timeline for future financial targets.
International public financing : Members urged the EU and its Member States to re-commit without delay to the 0.7 % of GNI target for ODA, with 50 % of ODA and at least 0.2 % of GNI being reserved for least developed countries. They welcomed the EU’s firm stance on focusing efforts on the quantity and quality of development aid. They stressed that the EU and other developed countries must honour their commitment to provide scaled-up, new and additional climate finance in order to reach by 2020 the goal of jointly mobilising USD 100 billion annually. They support innovative sources for additional development and climate finance, including financial transaction taxes, carbon taxes on international aviation and maritime transport , and automatic allocation of carbon market revenues.
Recalling that the EU is the world’s leading donor of development aid, accounting for almost 60 % of global official development aid, Members called on the EU to take account of long-term financial requirements by favouring and leading a more strategic, ambitious and universal approach in line with the SDGs. They recalled the EU budget’s contribution to financing for development, with EUR 19.7 billion for development cooperation and EUR 6.8 billion for humanitarian aid between 2014 and 2020, in addition to the EUR 2.2 billion emergency aid reserve. They also pointed to the EUR 30.5 billion European Development Fund (EDF). The 2015 budget dedicates EUR 2.4 billion in commitments (EUR 2.1 billion in payments) to development cooperation and EUR 928.8 million in commitments (EUR 918.8 million in payments) to humanitarian aid.
Once again, Members called on the EU and its Member States to promote an aid effectiveness agenda to eradicate poverty, with a special focus on basic social services for all and ‘public goods’ that are less effectively provided by the private sector, such as primary education, social safety nets, health care and infrastructure for sanitation, water supply and energy.
They also underlined the absolute need for the EU to aim for the highest level of coordination in order to achieve coherence with other policy areas (environment, migration, international trade, human rights, agriculture, etc) and to avoid duplication of work and inconsistencies in activities.
Domestic resource mobilisation and international tax cooperation : Members asked the Commission to enhance its capacity-building assistance in the areas of tax administration, financial governance, public financial management, anti-corruption, the recovery of stolen assets and the fight against tax evasion . They insisted on actively crack down on tax havens, tax evasion and illicit financial flows and supported the setting-up of an intergovernmental body for tax cooperation under the auspices of the UN. They considered that international corporate tax rules should include the principle that taxes should be paid where value is extracted or created .
Several priorities are also mentioned as regards gender equality, research, the environment and the transfer of technologies.
Private sector and civil society : Members underlined the high importance of establishing favourable conditions for private enterprise and entrepreneurship in developing countries. They called for alignment of the private sector with the SDGs through appropriate partnerships, financial instruments and incentives, notably for young people and women in the shape of access to credit to support start-ups.
They called on the Commission to support increased access to finance for MSMEs and cooperatives in developing countries through new forms of cooperation such as blending and public private partnerships (PPPs). They also support increased market access for developing countries, especially the least developed countries.
In parallel, Members called for increased participation of local authorities and civil society, including community-based NGOs, in discussions on development priorities , and for a more inclusive and accountable implementation of the post-2015 agenda.
Global governance : Members called for a review of international organisations’ programmes and instruments of financial assistance for development in order to align them with the new sustainable development goals. They urged the European Investment Bank, the European Bank for Reconstruction and Development, the International Monetary Fund and the World Bank to establish the highest standards of responsible financing and to gear their resources more closely to the needs of developing countries , including through mutually effective pro-poor lending facilities.
Monitoring, accountability and review : Members called for an agreement at the Addis Ababa conference on robust, transparent and accessible monitoring and accountability framework for effective tracking and follow-up of investment and progress as regards specific commitments and objectives. They asked all parties to ensure the transparent and efficient implementation of aid and financing, in particular by signing and effectively implementing the provisions of the UN Convention against Corruption. They called for an international initiative to improve the quality of statistics, data and information in order to track spending, investment and progress on specific commitments and objectives. Lastly, Members reiterated that, as a complement to GDP, a new set of other indicators is necessary in order to take account of new social and environmental challenges, and that this set should include in particular the Human Development Index, the carbon footprint and the ecological footprint.
Documents
- Commission response to text adopted in plenary: SP(2015)470
- Results of vote in Parliament: Results of vote in Parliament
- Decision by Parliament: T8-0196/2015
- Debate in Parliament: Debate in Parliament
- Committee report tabled for plenary: A8-0143/2015
- Committee opinion: PE551.788
- Amendments tabled in committee: PE551.961
- Amendments tabled in committee: PE552.108
- Committee draft report: PE549.307
- Committee draft report: PE549.307
- Amendments tabled in committee: PE551.961
- Amendments tabled in committee: PE552.108
- Committee opinion: PE551.788
- Commission response to text adopted in plenary: SP(2015)470
Activities
- Doru-Claudian FRUNZULICĂ
Plenary Speeches (3)
- 2016/11/22 Financing for development (A8-0143/2015 - Pedro Silva Pereira)
- 2016/11/22 Financing for development (debate)
- 2016/11/22 Financing for development (debate)
- Ildikó GÁLL-PELCZ
Plenary Speeches (3)
- Louis ALIOT
Plenary Speeches (2)
- Nicola CAPUTO
Plenary Speeches (2)
- Ivan JAKOVČIĆ
Plenary Speeches (2)
- Arne LIETZ
Plenary Speeches (2)
- 2016/11/22 Financing for development (debate) DE
- 2016/11/22 Financing for development (debate) DE
- Notis MARIAS
Plenary Speeches (2)
- Franz OBERMAYR
Plenary Speeches (2)
- Marijana PETIR
Plenary Speeches (2)
- Paul RÜBIG
Plenary Speeches (2)
- 2016/11/22 Financing for development (debate) DE
- 2016/11/22 Financing for development (debate) DE
- Lola SÁNCHEZ CALDENTEY
Plenary Speeches (2)
- Maria Lidia SENRA RODRÍGUEZ
Plenary Speeches (2)
- Eleftherios SYNADINOS
Plenary Speeches (2)
- Marina ALBIOL GUZMÁN
Plenary Speeches (1)
- Marie-Christine ARNAUTU
Plenary Speeches (1)
- Guillaume BALAS
Plenary Speeches (1)
- Zigmantas BALČYTIS
Plenary Speeches (1)
- Beatriz BECERRA BASTERRECHEA
Plenary Speeches (1)
- 2016/11/22 Financing for development (debate) ES
- Hugues BAYET
Plenary Speeches (1)
- José BLANCO LÓPEZ
Plenary Speeches (1)
- Steeve BRIOIS
Plenary Speeches (1)
- Gianluca BUONANNO
Plenary Speeches (1)
- Alain CADEC
Plenary Speeches (1)
- Nessa CHILDERS
Plenary Speeches (1)
- Ole CHRISTENSEN
Plenary Speeches (1)
- Salvatore CICU
Plenary Speeches (1)
- Therese COMODINI CACHIA
Plenary Speeches (1)
- Javier COUSO PERMUY
Plenary Speeches (1)
- Michel DANTIN
Plenary Speeches (1)
- Rachida DATI
Plenary Speeches (1)
- Isabella DE MONTE
Plenary Speeches (1)
- Gérard DEPREZ
Plenary Speeches (1)
- Marielle DE SARNEZ
Plenary Speeches (1)
- Ian DUNCAN
Plenary Speeches (1)
- Norbert ERDŐS
Plenary Speeches (1)
- Georgios EPITIDEIOS
Plenary Speeches (1)
- Edouard FERRAND
Plenary Speeches (1)
- Lorenzo FONTANA
Plenary Speeches (1)
- Francisco de Paula GAMBUS MILLET
Plenary Speeches (1)
- Elisabetta GARDINI
Plenary Speeches (1)
- Enrico GASBARRA
Plenary Speeches (1)
- Elena GENTILE
Plenary Speeches (1)
- Michela GIUFFRIDA
Plenary Speeches (1)
- 2016/11/22 Financing for development (debate) IT
- Tania GONZÁLEZ PEÑAS
Plenary Speeches (1)
- Enrique GUERRERO SALOM
Plenary Speeches (1)
- 2016/11/22 Financing for development (debate) ES
- Antanas GUOGA
Plenary Speeches (1)
- Brian HAYES
Plenary Speeches (1)
- Ian HUDGHTON
Plenary Speeches (1)
- Pablo IGLESIAS
Plenary Speeches (1)
- Carlos ITURGAIZ
Plenary Speeches (1)
- Cătălin Sorin IVAN
Plenary Speeches (1)
- 2016/11/22 Financing for development (debate) RO
- Petr JEŽEK
Plenary Speeches (1)
- Marc JOULAUD
Plenary Speeches (1)
- Krišjānis KARIŅŠ
Plenary Speeches (1)
- Philippe JUVIN
Plenary Speeches (1)
- Barbara KAPPEL
Plenary Speeches (1)
- Afzal KHAN
Plenary Speeches (1)
- Jeppe KOFOD
Plenary Speeches (1)
- Cécile Kashetu KYENGE
Plenary Speeches (1)
- Constance LE GRIP
Plenary Speeches (1)
- Giovanni LA VIA
Plenary Speeches (1)
- Marine LE PEN
Plenary Speeches (1)
- Vladimír MAŇKA
Plenary Speeches (1)
- Ivana MALETIĆ
Plenary Speeches (1)
- Dominique MARTIN
Plenary Speeches (1)
- David MARTIN
Plenary Speeches (1)
- Jean-Luc MÉLENCHON
Plenary Speeches (1)
- Louis MICHEL
Plenary Speeches (1)
- Bernard MONOT
Plenary Speeches (1)
- Marlene MIZZI
Plenary Speeches (1)
- Sophie MONTEL
Plenary Speeches (1)
- Elisabeth MORIN-CHARTIER
Plenary Speeches (1)
- Alessia Maria MOSCA
Plenary Speeches (1)
- Péter NIEDERMÜLLER
Plenary Speeches (1)
- Norica NICOLAI
Plenary Speeches (1)
- Liadh NÍ RIADA
Plenary Speeches (1)
- Rolandas PAKSAS
Plenary Speeches (1)
- Ioan Mircea PAŞCU
Plenary Speeches (1)
- 2016/11/22 Financing for development (debate) RO
- Emilian PAVEL
Plenary Speeches (1)
- Florian PHILIPPOT
Plenary Speeches (1)
- Pavel POC
Plenary Speeches (1)
- Andrej PLENKOVIĆ
Plenary Speeches (1)
- Salvatore Domenico POGLIESE
Plenary Speeches (1)
- Franck PROUST
Plenary Speeches (1)
- Robert ROCHEFORT
Plenary Speeches (1)
- Liliana RODRIGUES
Plenary Speeches (1)
- Claude ROLIN
Plenary Speeches (1)
- Matteo SALVINI
Plenary Speeches (1)
- Elly SCHLEIN
Plenary Speeches (1)
- 2016/11/22 Financing for development (debate) IT
- György SCHÖPFLIN
Plenary Speeches (1)
- Remo SERNAGIOTTO
Plenary Speeches (1)
- Siôn SIMON
Plenary Speeches (1)
- Monika SMOLKOVÁ
Plenary Speeches (1)
- Csaba SÓGOR
Plenary Speeches (1)
- 2016/11/22 Financing for development (debate)
- Olaf STUGER
Plenary Speeches (1)
- 2016/11/22 Financing for development (debate) NL
- Catherine STIHLER
Plenary Speeches (1)
- Richard SULÍK
Plenary Speeches (1)
- Patricija ŠULIN
Plenary Speeches (1)
- Neoklis SYLIKIOTIS
Plenary Speeches (1)
- Adam SZEJNFELD
Plenary Speeches (1)
- 2016/11/22 Financing for development (debate) PL
- Isabelle THOMAS
Plenary Speeches (1)
- Pavel TELIČKA
Plenary Speeches (1)
- Mylène TROSZCZYNSKI
Plenary Speeches (1)
- Ramon TREMOSA i BALCELLS
Plenary Speeches (1)
- Ángela VALLINA
Plenary Speeches (1)
- Derek VAUGHAN
Plenary Speeches (1)
- Marie-Christine VERGIAT
Plenary Speeches (1)
- Miguel VIEGAS
Plenary Speeches (1)
- Bogdan Brunon WENTA
Plenary Speeches (1)
- 2016/11/22 Financing for development (debate) PL
- Flavio ZANONATO
Plenary Speeches (1)
- Anna ZÁBORSKÁ
Plenary Speeches (1)
- Inês Cristina ZUBER
Plenary Speeches (1)
Votes
A8-0143/2015 - Pedro Silva Pereira - Résolution #
Amendments | Dossier |
312 |
2015/2044(INI)
2015/03/26
DEVE
312 amendments...
Amendment 1 #
Motion for a resolution Citation 5 a (new) - having regard to the Fourth High Level Forum on Aid Effectiveness outcome document of December 2011 on partnership for Effective Development Co-operation,
Amendment 1 #
Draft opinion Paragraph -1 (new) -1. Points out that the EU is the world's leading donor in development aid, representing almost 60% of the world official development aid; nevertheless requests the Commission to provide clear and transparent data on the share of the overall budget in EU development aid in order to assess the follow-up of the Monterrey Consensus by all European donors; also expresses its regret that the level of EU financial contributions to developing countries lacks visibility and invites the Commission to develop appropriate and targeted communication and information tools to increase the visibility of EU development aid;
Amendment 10 #
Motion for a resolution Citation 18 a (new) - having regard to the joint declaration made at the Lisbon Summit on 9 December 2007 on 'The Africa-EU Strategic Partnership: A Joint Africa-EU Strategy' [1], [1] http://www.consilium.europa.eu/uedocs/c ms_data/docs/pressdata/en/er/97496.pdf: The Joint Africa-EU Strategy is centred on eight thematic partnerships: peace and security; democratic governance and human rights; trade, regional integration and infrastructure; the Millennium Development Goals; energy; climate change; migration, mobility and employment; and science, information society and space.
Amendment 10 #
Draft opinion Paragraph 5 5. Stresses that official development assistance remains the key instrument for financing development and urges the EU and its Member States to re-commit to the 0.7 GNI (Gross National Income) target
Amendment 100 #
Motion for a resolution Paragraph 5 5. Urges the EU and its Member States to re-commit without delay or negotiation to the 0.7 % of GNI target, with
Amendment 101 #
Motion for a resolution Paragraph 5 a (new) 5a. Recalls that commitments towards the 0.7% GNI ODA target must be fulfilled and binding timetables should be set to that effect;
Amendment 102 #
Motion for a resolution Paragraph 5 a (new) 5a. Recognises however that most of the world's poor people are now in middle- income countries, and a new development paradigm must reflect this new reality and the implementation of development programmes should be target both poor people and poor countries;
Amendment 103 #
Motion for a resolution Paragraph 5 b (new) 5b. Reminds that sustainable development financing will come from international and domestic sources, and include both public and private flows. These various financing streams should complement, and not substitute for each other;
Amendment 104 #
Motion for a resolution Paragraph 6 6. Stresses that the EU and other developed countries must honour their commitment to provide scaled-up, new and additional climate finance to
Amendment 105 #
Motion for a resolution Paragraph 6 6. Stresses that the EU and other developed countries must honour their commitment to provide scaled-up, new and additional climate finance to developing countries reaching USD 100 billion per year by 2020; reminds that addressing the growing impacts of climate change is already adding an additional burden on developing countries, including on public expenditures; Considering the difficulties to reach international agreement on the additionality of climate finance to the commitment to deliver 0.7% of GNI as aid, the EU should propose intermediate steps to reach full additionality, such as that both climate and development flows to developing countries need to grow at the same time, at least the same rate;
Amendment 106 #
Motion for a resolution Paragraph 6 6. Stresses that the EU and other developed countries must honour their commitment to provide scaled-up, new and additional climate finance to developing countries reaching USD 100 billion per year by 2020; considering the difficulties to reach international agreement on the additionality of climate finance to the commitment to deliver 0,7 % of GNI as aid, the EU should propose intermediate steps to reach full additionality;
Amendment 107 #
Motion for a resolution Paragraph 6 a (new) 6a. Calls on the EU to ensure that the human rights based approach is adopted in all climate financing and that climate financing instruments have strong safeguards policies and grievance mechanisms;
Amendment 108 #
Motion for a resolution Paragraph 6 a (new) 6a. Calls all parties to deliver on their commitments and set up a concrete and time framed process to phase out inefficient fossil fuel subsidies that encourage wasteful consumption while ensuring proper pro-poor measures to offset the short-term negative impact on most vulnerable social groups.
Amendment 109 #
Motion for a resolution Paragraph 6 b (new) 6b. Urges the establishment of a "Non- financeable investments" list which include all unsustainable, non-climate- proof and human rights violating projects as non-access to drinking water, land and clean air that should be excluded by development financing;
Amendment 11 #
Motion for a resolution Citation 18 b (new) - having regard to Decision No 472/2014/EU of the European Parliament and of the Council of 16 April 2014 on the European Year for Development (2015)[1], [1] http://eur-lex.europa.eu/legal- content/EN/TXT/?uri=CELEX:32014D04 72
Amendment 11 #
Draft opinion Paragraph 5 5. Stresses that official development
Amendment 110 #
Motion for a resolution Paragraph 7 7. Supports innovative sources of additional development and climate finance, including financial transaction taxes
Amendment 111 #
Motion for a resolution Paragraph 7 7. Supports innovative sources of additional development and climate finance, including financial transaction taxes
Amendment 112 #
Motion for a resolution Paragraph 7 a (new) 7a. Points out that some funding sources may have catastrophic consequences for a country, its population and its real economy; underlines the fact that some agrifood sector funds encourage the practice of land grabbing, involving, in some cases, the unlawful expropriation of land, without appropriate compensation, from traditional rural, nomadic and poor communities[1]; points out that some financing arrangements, such as those under Islamic funds applying the Shariah compliance principle, may wreck sustainable development goals, such as gender equality, and that others may aid illegal activities, such as terrorism; [1] Cf. European Parliament resolution on Tanzania, notably the issue of land grabbing (2015/2604(RSP)).
Amendment 113 #
Motion for a resolution Paragraph 7 b (new) 7b. Stresses the need to lay down a legal framework for making blending (PPP) more effective and more transparent, back the International Aid Transparency Initiative (IATI), and make sure that concessional loans in connection with blending ensure the best possible use of natural resources;
Amendment 114 #
Motion for a resolution Paragraph 7 c (new) 7c. Insists that organisations, businesses or foundations involved in development financing comply with international transparency standards, ILO and WHO standards and international human rights law;
Amendment 115 #
Motion for a resolution Paragraph 7 a (new) 7a. Urges Member States to use revenues raised through carbon markets to climate financing and development aid in developing countries, points out however that this mechanism faces major problems as the revenues have collapsed alongside the global price for carbon, in this context, considers that measures need to be taken to make the EU's Emission Trading System (ETS) a much more efficient instrument;
Amendment 116 #
Motion for a resolution Paragraph 7 a (new) 7a. Calls to protect the development focus and nature of ODA including a transparent and accountable reporting system;
Amendment 117 #
Motion for a resolution Paragraph 7 b (new) 7b. Invites EU member states to use revenues from innovative financing mechanisms, such as the EU Financial Transaction Tax, to invest in key global public goods, such as health, education and climate change;
Amendment 118 #
Motion for a resolution Paragraph 7 c (new) 7c. Calls for EU and its member states to recognise the added value provided by pooled funding mechanism, including in terms of reduced fragmentation and transaction costs and increased impact and predictability of international aid, and promote their role in the future SDGs framework;
Amendment 119 #
Motion for a resolution Paragraph 7 a (new) 7a. Reminds that new and additional public sources of financing are required for the protection and restoration of biodiversity and for tackling climate change. Mechanisms with innovative sources of financing need to be put in place such as financial transaction taxes;
Amendment 12 #
Motion for a resolution Citation 18 c (new) Amendment 12 #
Draft opinion Paragraph 6 (new) 6. Emphasises the importance of domestic resource mobilisation through improved collection of taxes in developing countries; stresses that tax resources are a more predictable and more sustainable source of financing than foreign assistance; believes that the Union has a key role to play here in terms of supporting developing countries to set up relevant administrative capacities, in fighting tax evasion, transfer mispricing and helping in the recovery of stolen assets;
Amendment 120 #
Motion for a resolution Paragraph 8 8. Emphasises that ODA should remain
Amendment 121 #
Motion for a resolution Paragraph 8 8. Emphasises that ODA should remain the standard measure of financial efforts made
Amendment 122 #
Motion for a resolution Paragraph 8 8. Emphasises that ODA should remain the standard measure of financial efforts made; supports the inclusion of concessional loans based on calculation of their grant equivalents, despite due consideration of total official support for development, further recognises that concessional loans might not be suitable for investments in social sectors such as health and education, and encourages the need of impact assessments before accepting respective use;
Amendment 123 #
Motion for a resolution Paragraph 8 8. Emphasises that ODA should remain the standard measure of financial efforts made; supports the inclusion of concessional loans based on calculation of their grant equivalents, despite due consideration of total official support for development; stresses the role of ODA as a catalyst to attract private investment;
Amendment 124 #
Motion for a resolution Paragraph 8 a (new) 8a. warmly welcomes the agreement of the members of the OECD Development Assistance Committee (DAC) to continue to develop a new statistical measure, with the working title of Total Official support for Sustainable Development (TOSD) which would complement the ODA measure; deems necessary to measure the totality of resource flows extended to developing countries and multilateral institutions in support of sustainable development and originating from official sources and interventions, regardless of the types of instruments used and associated terms;
Amendment 125 #
Motion for a resolution Paragraph 8 a (new) 8a. Calls for achieving OEDC DAC recommendation of reaching an average grant element in total ODA of 86%;
Amendment 126 #
Motion for a resolution Paragraph 8 b (new) 8b. Notes that scarce ODA resources should be targeted at where they have the greatest development additionality, not to where they can make the greatest financial return;
Amendment 127 #
Motion for a resolution Paragraph 8 c (new) 8c. Commends efforts in developing a new statistical measure that focuses on sustainable development, and stresses the need of including poverty, gender and age markers as statistical tools to measure the impact of aid activities;
Amendment 128 #
Motion for a resolution Paragraph 8 a (new) 8a. Urges the European Commission, in a context where it has indicated its wishes to extend considerably the use of blending in future years, to implement the recommendations made by the European Court of Auditors Special Report on the use of blending and to evaluate the mechanism of blending loans and grants, particularly in terms of development and financial additionality, transparency and accountability;
Amendment 129 #
Motion for a resolution Paragraph 8 b (new) 8b. Warns against using concessional loans for investments in social sectors such as health and education, as it can hamper the provision of services of general interests, especially for vulnerable population;
Amendment 13 #
Motion for a resolution Citation 18 d (new) - having regard to Regulation (EU) No 233/2014 of the European Parliament and of the Council of 11 March 2014 establishing a financing instrument for development cooperation for the period 2014-2020,
Amendment 13 #
Draft opinion Paragraph 7 (new) 7. Urges the European Commission, in a context where it has indicated its wishes to extend considerably the use of blending in future years, to implement the recommendations made by the European Court of Auditors Special Report on the use of blending and to evaluate the mechanism of blending loans and grants, particularly in terms of development and financial additionality, transparency and accountability;
Amendment 130 #
Motion for a resolution Paragraph 8 c (new) 8c. Points out that blending risks leading to a debt bubble, notably in Sub-Saharan Africa and the Caribbean countries with limited revenues to service their debt; accordingly, calls on donors to give the majority of their aid to LDCs in the form of grant;
Amendment 131 #
Motion for a resolution Paragraph 9 9. Calls for the EU and its Member States to promote an aid effectiveness agenda by establishing a clear time line binding agenda to meet all their commitments and by reducing aid fragmentation through greater coordination between different aid mechanisms and donors; and ensuring that all development finance is pro-poor, gender-sensitive, environmentally sound and climate-proof;
Amendment 132 #
Motion for a resolution Paragraph 9 9. Calls for the EU and its Member States to promote an aid effectiveness agenda by
Amendment 133 #
Motion for a resolution Paragraph 9 9. Calls for the EU and its Member States to promote an aid effectiveness agenda building on the commitments in the Busan Partnership for Effective Development Cooperation, in particular by reducing aid fragmentation through greater
Amendment 134 #
Motion for a resolution Paragraph 9 9. Calls for the EU and its Member States to promote an aid effectiveness agenda by reducing aid fragmentation through greater coordination between different aid mechanisms and donors and ensuring that all development finance is pro-poor, gender-sensitive, environmentally sound and climate-proof;
Amendment 135 #
Motion for a resolution Paragraph 9 9. Calls for the EU and its Member States to promote an aid effectiveness agenda by reducing aid fragmentation through greater coordination between different aid mechanisms and donors and ensuring that all development finance is inclusive, pro- poor, gender-sensitive, environmentally sound and climate-proof;
Amendment 136 #
Motion for a resolution Paragraph 9 9. Calls for the EU and its Member States to promote an aid effectiveness agenda by reducing aid fragmentation through greater coordination between different aid mechanisms and donors; calls for the EU and its Member States to back capacity- building by providing support for training in financing techniques, banking and insurance products, the use of new technologies, and management;
Amendment 137 #
Motion for a resolution Paragraph 9 a (new) 9a. Stresses the importance of a clear priority-setting in the spending of aid with a special focus on sectorial areas such as health, education, energy and water supply, agriculture as well as infrastructure;
Amendment 138 #
Motion for a resolution Paragraph 9 a (new) 9a. Emphasizes the importance of channelling the finances for reducing inequalities between and within countries;
Amendment 139 #
Motion for a resolution Paragraph 9 a (new) 9a. Stresses the importance that aid spending should be predictable and transparent in order to ensure accountability of governments to their population and increase the development impact of aid;
Amendment 14 #
Motion for a resolution Citation 18 e (new) - having regard to Regulation (EU) No 232/2014 of the European Parliament and of the Council of 11 March 2014 establishing a European Neighbourhood Instrument,
Amendment 14 #
Draft opinion Paragraph 8 (new) 8. Points out that blending risks leading to a debt bubble, notably in Sub-Saharan Africa and the Caribbean countries with limited revenues to service their debt; accordingly, calls on donors to give the majority of their aid to LDCs in the form of grant;
Amendment 140 #
Motion for a resolution Paragraph 9 a (new) 9a. Calls for an immediate halt to any type of EU funding for recipient countries with a track record of projects abandoned on no reasonable and clear grounds;
Amendment 141 #
Motion for a resolution Paragraph 9 a (new) 9a. Underlines that ODA should prioritise basic social services for all and 'public goods' that are less effectively provided by the private sector, such as primary education, social safety nets, health care and infrastructure for sanitation and water supply; stresses that accessibility should be a key criteria in international public financing to promote universal and inclusive services and infrastructures;
Amendment 142 #
Motion for a resolution Paragraph 9 b (new) 9b. Recalls that development efforts need to be undertaken in a joint effort following the principles of shared responsibility and mutual accountability between local, regional and national authorities on the one side and donors on the other side;
Amendment 143 #
Motion for a resolution Paragraph 9 b (new) 9b. Highlights the importance of development banks mobilising additional funds for reducing the gap in infrastructures funding and access to credit in developing countries;
Amendment 144 #
Motion for a resolution Paragraph 10 10.
Amendment 145 #
Motion for a resolution Paragraph 10 10. Stresses that domestic resource mobilisation must be a key source of financing for all developed and developing countries; emphasises the need for robust, far and progressive tax systems that are pro-poor and aligned with human rights and gender equality obligations;
Amendment 146 #
Motion for a resolution Paragraph 10 10. Stresses that domestic resource mobilisation must be a key source of financing for all developed and developing countries; emphasises the need for robust, fair and progressive tax systems to fulfil their human rights obligations, their international sustainable development commitments and to address inequality between and within countries;
Amendment 147 #
Motion for a resolution Paragraph 10 a (new) 10a. Stresses that tax resources are a more predictable and more sustainable source of financing than foreign assistance; accordingly, calls on the EU to support developing countries in mobilizing domestic resources and fighting tax evasion, so as to reduce their dependency on foreign assistance, while reducing their debt;
Amendment 148 #
Motion for a resolution Paragraph 10 a (new) 10a. Stresses that country-led strategies for sustainable development must integrate development, social and environmental objectives and provide the basis for national budgeting;
Amendment 149 #
Motion for a resolution Paragraph 10 b (new) 10b. Stresses that environmentally harmful subsidies, which encourage unsustainable practices, in sectors such as energy, fisheries, and agriculture should be removed. The funds should instead be reallocated toward sustainable practices, while addressing distributive impacts;
Amendment 15 #
Motion for a resolution Citation 18 f (new) - having regard to Regulation (EU) No 234/2014 of the European Parliament and of the Council of 11 March 2014 establishing a Partnership Instrument for cooperation with third countries,
Amendment 15 #
Draft opinion Paragraph 9 (new) 9. Underlines the high importance of supporting micro, small and medium enterprises and calls in particular for further strengthening micro-finance-loan and guarantee systems; insists on the necessity of further developing local and regional banks and credit unions in order to significantly decrease excessive interest rates for market loans in order to better support community development at a local level1.
Amendment 150 #
Motion for a resolution Paragraph 11 11.
Amendment 151 #
Motion for a resolution Paragraph 11 11. Encourages the Commission to further help strengthening the
Amendment 152 #
Motion for a resolution Paragraph 11 11. Encourages the Commission to strengthen the areas of tax administration, financial governance and public financial management through enhanced cooperation and capacity building in developing countries; stresses the need to accelerate and scale-up on-going efforts to improve budgetary reporting and calls for increased harmonisation of budgetary reporting practices across countries;
Amendment 153 #
Motion for a resolution Paragraph 11 11. Encourages the Commission to strengthen the areas of tax administration, financial governance and public financial management through enhanced cooperation and capacity building in developing countries; stresses the need to accelerate and scale-up on-going efforts to improve budgetary reporting, including on results on the ground and the share of revenues and expenditure allocated to relevant age groups; calls for increased harmonization of budgetary reporting practices across countries;
Amendment 154 #
Motion for a resolution Paragraph 11 a (new) 11a. Urges the Commission to support developing countries by increasing their capacities in the fields of fiscal administration, financial governance and management of public finances, and to encourage them to establish funds for the redistribution of natural resources;
Amendment 155 #
Motion for a resolution Paragraph 11 b (new) 11b. Encourages developing countries to establish political and legal frameworks conducive to the development of the use of bank accounts and digital payment services; encourages them also to inform and train their people concerning the use of banking products and services and of credit insurance, and to place the emphasis on products which primarily benefit the poor, women and other vulnerable groups;
Amendment 156 #
Motion for a resolution Paragraph 11 c (new) 11c. Stresses the need to create guarantee funds which can be resorted to in the event of a financial crash affecting the real economies of developing countries, to regulate banking products, to create continental rating agencies and to guarantee the independence of the courts;
Amendment 157 #
Motion for a resolution Paragraph 11 a (new) 11a. Stresses the importance to make the country-by-country reporting already adopted for the banking industry mandatory for transnational companies in all sectors;
Amendment 158 #
Motion for a resolution Paragraph 12 12. Calls for the EU and its Member States to take effective actions to actively crack down on tax havens, tax evasion and illicit financial flows; supports the setting-up of an intergovernmental body for tax cooperation under the auspices of the UN with effective participation of developing countries, rather than seeing OECD as the only relevant forum;
Amendment 159 #
Motion for a resolution Paragraph 12 12. Calls for the EU and its Member States to take concrete measures in order actively crack down on tax havens, tax evasion and illicit financial flows; supports the setting-up of an intergovernmental body for tax cooperation under the auspices of the UN;
Amendment 16 #
Motion for a resolution Citation 18 g (new) - having regard to Regulation (EU) No 235/2014 of the European Parliament and of the Council of 11 March 2014 establishing a financing instrument for democracy and human rights worldwide,
Amendment 16 #
Draft opinion Paragraph 10 (new) 10. Reminds that development cooperation is a shared responsibility of the EU and Member States and that it needs to respect the concepts of complementarity and coordination; highlights the necessity to involve the civil society and local authorities in the coordination process;
Amendment 160 #
Motion for a resolution Paragraph 12 12. Calls for the EU and its Member States to actively crack down on tax havens, tax
Amendment 161 #
Motion for a resolution Paragraph 12 12. Calls for the EU and its Member States to actively crack down on tax havens, tax evasion and illicit financial flows while addressing tax dodging of transnational corporations and individuals, i.e. by building up developing countries’ capacity in detecting and prosecuting inappropriate tax practices; supports the setting-up of an intergovernmental body for tax cooperation under the auspices of the UN, with the aim of making automatic and multilateral exchange of information the global standards;
Amendment 162 #
Motion for a resolution Paragraph 12 12. Calls for the EU and its Member States to actively crack down on tax havens, tax evasion and illicit financial flows; supports the
Amendment 163 #
Motion for a resolution Paragraph 12 a (new) 12a. Considers that illicit financial flows need to be tackled through strengthened national institutions, improved tax transparency, country by country reporting, public registries of company ownership, global systems of automatic tax information exchange and legal sanctions for non-compliance;
Amendment 164 #
Motion for a resolution Paragraph 12 a (new) 12a. Points out that illicit outflows are a major explanation for developing country debt, while aggressive tax planning is contrary to the principles of Corporate Social Responsibility;
Amendment 165 #
Motion for a resolution Paragraph 12 b (new) 12b. Notes with concern that many developing countries find themselves in a very weak bargaining position in face of some foreign direct investors making extensive use of for tax subsidies and exemptions; deems that companies shall be required to make precise commitments in terms of positive spillover effect of their investment on local and/or national socio- economic development of the host country;
Amendment 166 #
Motion for a resolution Paragraph 13 13.
Amendment 167 #
Motion for a resolution Paragraph 13 a (new) 13a. Notes with concern that Development Finance Institutions (DFIs) are still supporting a large amount of investments routed through tax havens, by relying heavily on financial intermediaries;
Amendment 168 #
Motion for a resolution Paragraph 13 b (new) 13b. Stresses the role of Development Finance Institutions (DFIs) to set an example of best practise in establishing the highest standards of responsible finance; in particular, deems that DFIs should only invest in companies and funds that are willing to publicly disclose beneficial ownerships and report back their financial accounts on a country-by- country basis;
Amendment 169 #
Motion for a resolution Paragraph 14 14. Stresses the decisive importance of good governance, human rights protection, the rule of law, institutional framework and regulatory instruments; especially supports investment in capacity- building, inclusive education
Amendment 17 #
Motion for a resolution Citation 18 h (new) - having regard to Regulation (EU) No 236/2014 of the European Parliament and of the Council of 11 March 2014 laying down common rules and procedures for the implementation of the Union’s instruments for financing external action,
Amendment 17 #
Draft opinion Paragraph 11 (new) Amendment 170 #
Motion for a resolution Paragraph 14 14. Stresses the decisive importance of good governance, the rule of law and democracy, institutional framework and regulatory instruments in particular of public registers such as land and commercial registers; especially supports investment in capacity-building, education, health, public services, social protection, the protection of human rights and the fight against poverty and inequality, including
Amendment 171 #
Motion for a resolution Paragraph 14 14. Stresses the decisive importance of good governance, the rule of law, separation of powers, institutional framework and regulatory instruments; especially supports the respect and the promotion of human and citizens’ rights and liberties, as well as investment in capacity-building, education, health, public services, social protection and the fight against poverty and inequality, including in terms of gender; recognises the need for infrastructures and selective public investments, as well as the sustainable use of natural resources, including by the extractive industries;
Amendment 172 #
Motion for a resolution Paragraph 14 14. Stresses the decisive importance of good governance, the rule of law, institutional framework and regulatory instruments; especially supports investment in capacity-building, human rights promotion, education, health, public services, social protection and the fight against poverty and inequality,
Amendment 173 #
Motion for a resolution Paragraph 14 14. Stresses the decisive importance of good governance, the rule of law, institutional framework and regulatory instruments; especially supports investment in capacity-building, education, health, including sexual and reproductive health and rights public services, social protection and the
Amendment 174 #
Motion for a resolution Paragraph 14 14. Stresses the decisive importance of good governance, the rule of law, institutional framework and regulatory instruments; especially supports investment in capacity-building, education, health, public services, social protection and the fight against poverty and inequality, fight against corruption, including in terms of gender; recognises the need for infrastructures and selective public investments, as well as the sustainable use of natural resources, including by the extractive industries; urges to fulfil the accomplishment of any unachieved millennium development goals;
Amendment 175 #
Motion for a resolution Paragraph 14 14. Stresses the decisive importance of good governance, the rule of law, institutional framework and regulatory instruments; especially supports investment in capacity-building, education, health, nutrition, child protection, public services, social protection and the fights against poverty and inequality, including in terms of gender
Amendment 176 #
Motion for a resolution Paragraph 14 14. Stresses the decisive importance of good governance, the rule of law, institutional framework and regulatory instruments; especially supports investment in capacity-building, education, health - including of existing commitments, such as the Abuja declaration-, public services, social protection and the fight against poverty and inequality, including in terms of gender; recognises the need for infrastructures and selective public investments, as well as the sustainable use of natural resources, including by the extractive industries; urges the need to finish the unfinished business of the Millennium Development Goals and give priority to those areas that were not sufficiently resourced or advanced;
Amendment 177 #
Motion for a resolution Paragraph 14 a (new) 14a. Calls for spill over analysis to study possible profit shifting practices;
Amendment 178 #
Motion for a resolution Paragraph 14 a (new) 14a. Stresses that financing for development must strengthen the resources available to promote gender equality, women’s rights and women’s empowerment; emphasises that this should include both targeted investments in key sectors such as health and education and steps to ensure all development finance takes full account of the situation of women and girls;
Amendment 179 #
Motion for a resolution Paragraph 14 a (new) 14a. Reminds that all development finance should be climate-sensitive, environmentally sound and respect human rights;
Amendment 18 #
Motion for a resolution Citation 19 a (new) - having regard to the European Consensus on Development of December 2005,
Amendment 18 #
Draft opinion Paragraph 12 (new) 12. Reminds of a change in the nature of global poverty - as most of the world’s poor people are now in middle-income countries, which means that a new development paradigm must reflect this new reality; stresses the need to ensure that the most vulnerable populations have access to development opportunities; in this respect reminds that channelling assistance only through governments has the risk that marginalised or vulnerable communities are not sufficiently funded.
Amendment 180 #
Motion for a resolution Paragraph 14 b (new) 14b. Stresses that existing financing commitments and resource mobilisation targets for biodiversity and climate under the Convention on Biological Diversity (CBD) and the United Nations Framework Convention on Climate Change (UNFCCC) should be met in full;
Amendment 181 #
Motion for a resolution Paragraph 14 a (new) 14a. Reiterates that a new set of indicators other than GDP is necessary in order to overcome new social and environmental challenges, and should include in particular the human development index, the Gini coefficient, the carbon footprint and the ecological footprint;
Amendment 182 #
Motion for a resolution Paragraph 14 b (new) 14b. Underlines that, in a context where export revenues fluctuate according to raw material price fluctuations, it is important to give developing countries policy space to increasing their capacity to resist external shocks and to implement countercyclical action plans to boost economy, by allowing them to use i.e. the tool of export taxation.
Amendment 183 #
Motion for a resolution Paragraph 14 c (new) 14c. Reiterates its call to phase out fossil fuels subsidies and to reallocate its funds i.e. to environmentally sound and climate- proof projects;
Amendment 184 #
Motion for a resolution Paragraph 15 15. Calls for greater financing of research and development in science, technology and innovation in developing countries, while recognizing that this financing should be both domestic and international; urges the promotion of research and development that can advance progress against complex challenges and towards global public goods, such as technology and innovation for health; recalls the consequences of inaction and absence of solutions in this field for the health and well-being of every human being with the recent epidemics of Ebola and other poverty related neglected diseases;
Amendment 185 #
Motion for a resolution Paragraph 15 15. Calls for greater financing of research and development in science, technology and innovation in developing countries, while recognising that this financing should be both domestic and international; urges the promotion of research and development that can advance progress against complex challenges and towards global public goods, such as technology and innovation for health;
Amendment 186 #
Motion for a resolution Paragraph 15 15. Calls for greater financing of research and development in science, technology and innovation in developing countries in order to improve their position in global value chains and to support the domestic production of sophisticated goods and services; emphasises in this context the important role of micro, small and medium enterprises;
Amendment 187 #
Motion for a resolution Paragraph 15 15. Calls for greater financing of research and development in science, technology and innovation in developing countries and for the establishment of systems to protect private data;
Amendment 188 #
Motion for a resolution Paragraph 15 15. Calls for greater financing of research and development in science, technology and innovation in developing countries; in addition, calls for the review of all intellectual property rights regimes that have been introduced in developing countries through Free Trade Agreements, to identify any adverse impacts i.e. on public health, the environment and technology transfer;
Amendment 189 #
Motion for a resolution Paragraph 15 a (new) 15a. Recognises the role of local authorities in the implementation of the SDGs which requires the allocation of the necessary means;
Amendment 19 #
Motion for a resolution Citation 21 a (new) - having regard to the High-Level Task Force for the International Conference on Population and Development (ICPD) policy considerations for financing sexual and reproductive health and rights in the post-2015 era 1 a; ________________ ________________ 1a http://icpdtaskforce.org/resources/HLTFF inancingSRHRBrief.pdf
Amendment 19 #
Draft opinion Paragraph 13 (new) 13. Highlights the importance of development banks mobilising additional funds for reducing the gap in infrastructures funding and access to credit in developing countries with strong monitoring and impact evaluation mechanisms;
Amendment 190 #
Motion for a resolution Paragraph 15 a (new) 15a. Calls for greater financing of research and development in science, technology and innovation in developing countries; urges the promotion of research and development that can advance progress against complex challenges and towards global public goods, such as technology and innovation for health;
Amendment 191 #
Motion for a resolution Paragraph 15 a (new) 15a. Stresses the need to promote capacity-building and exchange of best practices as a non-financing priority in this global partnership;
Amendment 193 #
Motion for a resolution Paragraph 15 a (new) 15a. Stresses the importance of protecting the cultural heritage as a resource which is non-renewable, irreplaceable and non- interchangeable; stresses the need to develop and promote cultural tourism in developing countries;
Amendment 194 #
Motion for a resolution Paragraph 15 b (new) 15b. Stresses the importance of supporting culture as an important educational tool which favours the sharing of knowledge and its transmission from generation to generation;
Amendment 195 #
Motion for a resolution Paragraph 15 c (new) 15c. Stresses the importance of recognising artists as contributors to development; stresses that artistic activities generate a significant proportion of financial resources;
Amendment 196 #
Motion for a resolution Paragraph 15 d (new) 15d. Stresses the importance of protecting and developing creative industries, which are powerful levers for economic growth; recalls that creativity underlies innovation, which in turn is at the heart of development and economic growth;
Amendment 197 #
Motion for a resolution Paragraph 15 e (new) 15e. Calls on the Commission to incorporate cultural diversity in all parameters of its development programmes and to advocate at international level that culture should be recognised as a full instrument of development in the post-2015 framework;
Amendment 198 #
Motion for a resolution Paragraph 16 Amendment 199 #
Motion for a resolution Paragraph 16 16. Stresses the importance of favourable conditions for private enterprise and entrepreneurship in developing countries; calls for
Amendment 2 #
Motion for a resolution Citation 5 a (new) - having regard to WWF position paper on Financing for Sustainable Development of January 2015,
Amendment 2 #
Draft opinion Paragraph 1 1. Calls on the European Union to take into account long-term financial requirements by favouring and leading a more strategic, ambitious and universal approach in line with the Sustainable Development Goals (SDGs)
Amendment 20 #
Motion for a resolution Citation 21 a (new) - having regard to the final communique of the OECD Development Assistance Committee DAC from its High Level Meeting held 15 to 16 December 2014 in Paris,
Amendment 20 #
Draft opinion Paragraph 14 (new) 14. Calls for an increase in the amounts of concessional facilities available to the European Investment Bank, beyond its current mandates, in order to further increase its funding to low-income countries;
Amendment 200 #
Motion for a resolution Paragraph 16 16. Stresses the importance of favourable conditions for private enterprise in developing countries, while protecting public interest through regulation; calls for alignment of the private sector with the sustainable development goals through appropriate partnerships, financial instruments, incentives and mandatory rules on Corporate Social Responsibility (CSR), agreed international standards such as the International Labour Organization (ILO) standards, mandatory due diligence and country-by-country reporting on effective implementation on UN guiding principles on Business and Human Rights;
Amendment 201 #
Motion for a resolution Paragraph 16 16. Stresses the importance of favourable conditions for private enterprise in developing countries; calls for alignment of the private sector with the sustainable development goals through appropriate partnerships, financial instruments, incentives, accountability framework and Corporate Social Responsibility (CSR); recalls the need to comply with agreed international standards such as the International Labour Organization (ILO) standards and the UN Guiding Principles on Business and Human Rights;
Amendment 202 #
Motion for a resolution Paragraph 16 16. Stresses the importance of establishing favourable conditions for private enterprise in developing countries; calls for alignment of the private sector with the sustainable development goals through appropriate partnerships, financial instruments, incentives and Corporate Social Responsibility (CSR);
Amendment 203 #
Motion for a resolution Paragraph 16 16. Stresses the importance of favourable conditions for private enterprise in developing countries, especially for SMEs; calls for alignment of the private sector with the sustainable development goals through appropriate partnerships, financial instruments, incentives and Corporate Social Responsibility (CSR);
Amendment 204 #
Motion for a resolution Paragraph 16 a (new) 16a. Reminds that greater transparency and accountability of private sector finance (including the development of third party certification systems) is needed to ensure adherence of foreign direct investment to international environmental and social best practices;
Amendment 205 #
Motion for a resolution Paragraph 16 a (new) 16a. Points out that developing countries can be helped to overcome their economic backwardness by a dynamic, ambitious, and socially responsible private sector; notes that in developing countries, therefore, small and medium-sized businesses, and family-run microenterprises in particular, have a key role to play; draws attention to the fact that commitments whereby business in developed countries becomes involved in development cooperation initiatives are one of the factors central to the implementation of the Millennium Development Goals;
Amendment 206 #
Motion for a resolution Paragraph 16 a (new) 16a. Underlines that current EU practices to leverage private finance with ODA have proved to be ineffective due to lack of clarity on additionally, transparency, accountability, ownership and alignment with country priorities, debt sustainability and consequently development impact; the development impact of blended finance has not yet been sufficiently demonstrated and increasing the loan component in development finance can lead to serious debt later on;
Amendment 207 #
Motion for a resolution Paragraph 16 b (new) 16b. Notes that the role of private sector in development has increased to support political priorities in a period of diminishing aid budgets and considers that EU engagement with the private sector in development must be subject to internationally agreed development effectiveness principles;
Amendment 208 #
Motion for a resolution Paragraph 16 a (new) 16a. Stresses the importance of adopting legislation which guarantees the right to property, the right of inheritance, the right to intellectual property, women’s rights, the rights of LGBTI persons, efforts to prevent land-grabbing, etc.;
Amendment 209 #
Motion for a resolution Paragraph 16 b (new) 16b. Stresses the importance of supporting the emergence of organisations representing workers and employers and encouraging consultation between these organisations;
Amendment 21 #
Motion for a resolution Recital A A. whereas 2015 is a crucial year for global development efforts; whereas, with the adoption of the Sustainable Development Goals (SDGs) and an agreement on global climate action, both to be valid until 2030, it is a pivotal year for responding to what are global challenges, both now and to come, and provides an historic opportunity to pave the way for a more prosperous and more just world;
Amendment 21 #
Draft opinion Paragraph 15 (new) 15. Calls for an international initiative to improve the quality of statistics, data and information in order to track spending, investment and progress on specific commitments and objectives; welcomes global efforts to ensure the implementation of the SDGs uses data that is sufficiently disaggregated for income, gender, age and other indicators, so that the impact of the policies guided by the SDGs can be effectively monitored;
Amendment 210 #
Motion for a resolution Paragraph 16 c (new) 16c. Stresses the need to promote the provision to undertakings of instruments for information, training and advice platforms essential to their development;
Amendment 211 #
Motion for a resolution Paragraph 16 d (new) 16d. Encourages support for the emergence and development of SMEs developed by local economic operators, and recommends assigning priority to undertakings which create jobs, particularly processing undertakings;
Amendment 212 #
Motion for a resolution Paragraph 16 e (new) 16e. Stresses that, in order to impart long- term impetus to the economy, it is essential to give young people and women access to credit to support start-ups;
Amendment 213 #
Motion for a resolution Paragraph 16 f (new) 16f. Stresses the social cohesion role played by the collective entrepreneurship of producers’ associations in preventing ethnic and religious conflict;
Amendment 214 #
Motion for a resolution Paragraph 17 17. Insists that the EU’s support and cooperation with the private sector can and must contribute to reducing poverty and inequality and promote human rights, environmental standards
Amendment 215 #
Motion for a resolution Paragraph 17 17. Insists that the EU’s support and cooperation with the private sector can and must contribute to reducing poverty and
Amendment 216 #
Motion for a resolution Paragraph 17 17. Insists that the EU’s support and cooperation with the private sector can and must contribute to reducing poverty and inequality and promote human rights, environmental standards and social dialogue; recalls that the private sector generates 90 percent of jobs in developing countries and therefore insists on its fundamental role as engine of job creation and inclusive growth;
Amendment 217 #
Motion for a resolution Paragraph 18 18. Calls for the EU to s
Amendment 218 #
Motion for a resolution Paragraph 18 18. Calls for the EU to set up an investment regulatory framework
Amendment 219 #
Motion for a resolution Paragraph 18 18. Calls for the EU to set up a regulatory framework that stimulates responsible, transparent and accountable investment which contributes to the development of
Amendment 22 #
Motion for a resolution Recital A a (new) Aa. whereas development makes sense only if it is based on local know-how; whereas every country has a distinctive economic potential which must be safeguarded and developed;
Amendment 220 #
Motion for a resolution Paragraph 18 a (new) 18a. Welcomes the Cotonou Agreement Investment Facility as a tool for increasing developing countries’ ownership while promoting the private sector, in particular in fragile states or least developed countries, where the development impact is potentially greater;
Amendment 221 #
Motion for a resolution Paragraph 18 a (new) 18a. Calls on the European institutions to encourage the financial sector, at global level, to implement social and environmental responsibility strategies and adopt international human rights standards;
Amendment 222 #
Motion for a resolution Paragraph 19 Amendment 223 #
Motion for a resolution Paragraph 19 19. Calls on the Commission to support increased access to finance for micro, small and medium enterprises in developing countries as this constitutes an effective path out of poverty for the local communities; underlines the importance of micro-finance loan systems and guarantees in particular for the creation phase of such companies;
Amendment 224 #
Motion for a resolution Paragraph 19 19. Calls on the Commission to support increased access to finance for micro, small and medium enterprises in developing countries, placing the emphasis on projects undertaken by women and orphans who are heads of family;
Amendment 225 #
Motion for a resolution Paragraph 19 19. Calls on the Commission to support increased access to finance for micro, small and medium enterprises in developing countries, while respecting the policy space of countries to implement prudent macro-economic policy;
Amendment 226 #
Motion for a resolution Paragraph 19 19. Calls on the Commission to support increased access to finance for micro, small and medium enterprises and cooperatives in developing countries;
Amendment 227 #
Motion for a resolution Paragraph 19 a (new) 19a. Insists on the necessity of further developing local and regional banks and credit unions in order to significantly decrease excessive interest rates for market loans in order to better support community development at a local level 1 a ; stresses in this context the specific needs of micro, small and medium enterprises as well as NGOs and calls for the development of targeted programmes and instruments in order to address their respective situations; __________________ 1a http://www.eib.org/attachments/dalberg_s me-briefing-paper.pdf
Amendment 228 #
Motion for a resolution Paragraph 20 Amendment 229 #
Motion for a resolution Paragraph 20 20.
Amendment 23 #
Motion for a resolution Recital B B. whereas the Third International Conference on Financing for Development (FfD), to be held in Addis Ababa, Ethiopia from 13 to16 July 2015, must orient the financing system to support sustainable development create the conditions for financing and implementing the post-2015 agenda;
Amendment 230 #
Motion for a resolution Paragraph 20 20. Calls for the adoption of
Amendment 231 #
Motion for a resolution Paragraph 20 20. Calls for the adoption of an ‘SDG partner’ framework and international standards and criteria for blending projects and public-private partnerships (PPPs)
Amendment 232 #
Motion for a resolution Paragraph 20 a (new) 20a. Notes that PPPs may be problematic as the financial risks are often disproportionately carried by the public sector, whereas profits are enjoyed by private investors;
Amendment 233 #
Motion for a resolution Paragraph 20 a (new) 20a. Stresses that blended finance mechanisms and public-private partnerships should include strict sustainable development criteria, alignment with national development objectives, and local ownership and inclusion;
Amendment 234 #
Motion for a resolution Paragraph 21 21. Supports increased market access for developing countries, especially LDCs, while respecting developing country policy space for the maintenance of robust import tariffs as it can strengthen the private sector and create incentives for reform; urges the Commission to ensure that trade and investment agreements, especially with developing countries, LDCs and fragile states, are aligned with the SDGs; emphasises that such agreements should be subjected to SDG impact assessments; supports the Commission’s suggestion of updating its Aid for Trade Strategy in light of the outcomes of the post-2015 negotiations;
Amendment 235 #
Motion for a resolution Paragraph 21 21. Supports increased market access for developing countries, especially LDCs, as it can strengthen the private sector and create incentives for reform; urges the Commission to ensure that trade and investment agreements, especially with developing countries, LDCs and fragile states, are aligned with the SDGs
Amendment 236 #
Motion for a resolution Paragraph 21 21. Supports increased market access for developing countries, especially LDCs, as it can strengthen the private sector and create incentives for reform; urges the Commission to ensure that trade and investment agreements, especially with
Amendment 237 #
Motion for a resolution Paragraph 21 a (new) 21a. Acknowledges the right of all countries, particularly developing countries, to impose temporary capital restrictions to prevent financial crisis caused by short-term and volatile private financial flows; calls for the removal of constraints to this right from all trade and investment agreements, including at the WTO;
Amendment 238 #
Motion for a resolution Paragraph 21 a (new) 21a. Recalls that untying aid is a necessary for opening up opportunities for developing country socio-economic actors, such as local firms or technical assistance experts and calls for boosting the use of developing country procurement systems as the first option for aid programmes in support of activities managed by the public sector to enhance local private sector;
Amendment 239 #
Motion for a resolution Paragraph 22 22.
Amendment 24 #
Motion for a resolution Recital B a (new) Ba. whereas the EU has a direct and historical responsibility in its dealings with partner countries, particularly on tax, debt, trade and investment, not to undermine the policy space of these countries to take decisions that are suitable for their own national context, respond to the demands of their populations, and fulfil their human rights obligations and other international commitments;
Amendment 240 #
Motion for a resolution Paragraph 22 22. Calls for more effective and innovative cooperation in migration policy between origin and destination countries; encourages the development of skills clusters, which will make it possible to repatriate the skills of diasporas;draws
Amendment 241 #
Motion for a resolution Paragraph 22 22. Calls for more effective and innovative cooperation in migration policy between origin and destination countries based on human right protection; draws attention to the significant and growing financial flows represented by remittances; calls for further efforts to bring down transfer costs, as remittances are an important source of financing for development, to increase cooperation on matching funds for improving the remittance impact on local development, to sustain the financial inclusion of migrants and their families in origin and destination countries, to enforce labour rights and decent work in destination countries in order to improve the saving capacity of migrants and to sustain the flow of remittances;
Amendment 242 #
Motion for a resolution Paragraph 23 23. Recalls the role of civil society, including NGOs, as an essential development partner for a more inclusive and accountable implementation of the post-2015 agenda; calls for an increased civil society voice in the discussions of development priorities
Amendment 243 #
Motion for a resolution Paragraph 23 23. Recalls the role of local authorities and civil society, including NGOs,
Amendment 244 #
Motion for a resolution Paragraph 23 23. Recalls the role of civil society, including community based NGOs, as an essential development partner; calls for an increased civil society voice in the discussions of development priorities and the set-up of operations on the ground; calls for an increased consultation of young people in the discussions on investment priorities for the Post-2015, even through innovative communication technologies;
Amendment 245 #
Motion for a resolution Paragraph 23 23. Recalls the role of civil society, including NGOs, as an essential development partner; calls for an increased civil society voice in the discussions of development priorities and the set-up of operations on the ground
Amendment 246 #
Motion for a resolution Paragraph 23 a (new) 23a. Recalls that international trade agreements and trade liberalisation policies should not undermine poor people’s livelihoods and should instead support the sustainable development as a whole;
Amendment 247 #
Motion for a resolution Paragraph 23 a (new) 23a. Calls for new partnerships for development between private sector and NGOs based on the principle of complementarity and addressed to find the right balance between sustainability and return on private investments and tangible impact in terms of poverty reduction;
Amendment 249 #
Motion for a resolution Paragraph 23 a (new) 23a. Recalls that budget support is the best instrument to enable each country to fully take control of its own development;
Amendment 25 #
Motion for a resolution Recital B a (new) Ba. whereas the Third International Conference on Financing for Development (FfD), which will be held in Addis Ababa, Ethiopia, from 13 to16 July 2015, must create the necessary conditions for financing and implementing the post-2015 agenda, and whereas the success of the post-2015 agenda will be determined by the level of ambition demonstrated at that conference;
Amendment 250 #
Motion for a resolution Paragraph 23 b (new) 23b. Stresses that budget support enables recipient countries to decide their own priorities, make political choices and be genuine architects pursuing the attainment of economic and social goals, that budget support imparts meaning to the political dialogue between partners with equal rights and obligations, and enables the recipient to escape from the relationship of dependence on the donor;
Amendment 251 #
Motion for a resolution Paragraph 24 24. Recalls the UN’s central role, in complementarity with other existing institutions and forums, in global economic governance and development;
Amendment 252 #
Motion for a resolution Paragraph 24 24. Recalls the UN’s central role, in complementarity with other existing institutions and forums, in global economic governance and development; supports efforts to further enhance the voice and representation of developing countries in multilateral institutions and other norm- and standard-setting bodies, especially in international financial institutions;
Amendment 253 #
Motion for a resolution Paragraph 24 24. Recalls the UN’s central role, in complementarity with other existing institutions and forums such as the OECD, in global economic governance and development; supports efforts to further enhance the voice and representation of developing countries in multilateral institutions and other norm- and standard- setting bodies;
Amendment 254 #
Motion for a resolution Paragraph 24 a (new) 24a. Calls to not undermine the policy space of those countries to take development-related decisions that are suitable for their own national context and respond to the demands of their populations;
Amendment 255 #
Motion for a resolution Paragraph 25 25. Insists that sustainable debt solutions must be facilitated through a multilateral legal framework for sovereign debt restructuring processes with a view to alleviating the debt burden; takes in particular into consideration the recent contributions of the IMF as well as of the Paris Club on this matter; urges the EU to push for the implementation of the UNCTAD principles of responsible sovereign debt transactions for both borrowers and lenders;
Amendment 256 #
Motion for a resolution Paragraph 25 25. Insists that sustainable debt solutions must be facilitated through a multilateral legal framework for sovereign debt restructuring processes with a view to alleviating the debt burden
Amendment 257 #
Motion for a resolution Paragraph 25 25. Insists that sustainable debt solutions must be facilitated through a multilateral legal framework for sovereign debt restructuring processes with a view to alleviating the debt burden; urges the EU to push for the implementation of the UNCTAD principles of responsible sovereign debt transactions for both borrowers and lenders; in addition, recalls that illegitimate and odious debts should be cancelled;
Amendment 258 #
Motion for a resolution Paragraph 25 a (new) 25a. Welcomes the international efforts to relieve the international debt obligations of Ebola-affected countries in order to help them face the economic crises caused by the epidemic;
Amendment 259 #
Motion for a resolution Paragraph 25 a (new) 25a. Call for a human needs based approach to debt sustainability through a binding set of standards to define responsible lending and borrowing, debt audits and fair debt workout mechanism, which should assess the legitimacy and the sustainability of countries’ debt burdens and possible cancellation of unsustainable an unjust debt;
Amendment 26 #
Motion for a resolution Recital B b (new) Bb. whereas there can be no sustainable development without peace and without security;
Amendment 260 #
Motion for a resolution Paragraph 25 a (new) 25a. Stresses the importance of defining cross-cutting sustainable development objectives such as security, gender equality and greater autonomy for women; stresses the need to incorporate the new objectives which have been ignored by previous managers, such as promoting and exploiting culture as an instrument of development;
Amendment 261 #
Motion for a resolution Paragraph 26 26. Calls for a review of international organisations’ programmes and instruments of financial assistance for development in order to align them with the new SDGs
Amendment 262 #
Motion for a resolution Paragraph 26 26. Calls for a review of international organisations’ programmes and instruments of financial assistance for development in order to align them with the new SDGs; urges
Amendment 263 #
Motion for a resolution Paragraph 26 26. Calls for a review of international organisations’ programmes and instruments of financial assistance for development in order to align them with the new SDGs; urges, notably, the European Investment Bank, the International Monetary Fund and the World Bank to increase low-income countries’ levels of access to their concessional facilities and to gear their resources
Amendment 264 #
Motion for a resolution Paragraph 26 26. Calls for a review of international organisations’ programmes and instruments of financial assistance for development in order to align them with the new SDGs; urges, notably, the
Amendment 265 #
Motion for a resolution Paragraph 26 a (new) 26a. Calls for an international initiative to improve the quality of statistics, data and information in order to track spending, investment and progress on specific commitments and objectives; welcomes global efforts to ensure the implementation of the SDGs uses data that is sufficiently disaggregated for income, gender, age and other indicators, so that the impact of the policies guided by the SDGs can be effectively monitored;
Amendment 266 #
Motion for a resolution Paragraph 26 a (new) 26a. Calls for women being recognised as development actors and enablers, therefore, insist on the need to adopt gender budgeting principles and methodologies, in order to address the different needs and interests of women and men so gender equality and women empowerment is boosted;
Amendment 267 #
Motion for a resolution Paragraph 26 b (new) 26b. Encourages the adequate representation of developing countries in global economic governance that is gender-balanced;
Amendment 268 #
Motion for a resolution Paragraph 26 c (new) 26c. Recalls that international trade agreements should not undermine poor people’s livelihoods and should instead support the gender equality agenda;
Amendment 269 #
Motion for a resolution Paragraph 26 d (new) 26d. Calls for policy areas that impact upon development, including trade, security, migration, energy, environment and climate change, agriculture and fisheries policy, to respond to Policy Coherence for Development and be aligned with development objectives.
Amendment 27 #
Motion for a resolution Recital B c (new) Bc. whereas climate change represents an unprecedented danger to the populations of developing countries; whereas their subsistence activities are under threat; whereas the living conditions of people in small island states are very much deteriorating as a result of the increase in extreme weather events;
Amendment 270 #
Motion for a resolution Paragraph 26 – subparagraph 1 (new) Reinforcing the health system
Amendment 271 #
Motion for a resolution Paragraph 26 a (new) 26a. Stresses the need for developing countries to assign priority in their budget funding to establishing sound health systems, constructing sustainable health infrastructure and providing basic services and quality care;
Amendment 272 #
Motion for a resolution Paragraph 26 b (new) 26b. Recalls the importance of increasing research capacities to combat disease through global epidemiology, affording access to vaccines, improving the sexual and reproductive health of women and establishing social security systems and mutual societies concerned with health in developing countries;
Amendment 273 #
Motion for a resolution Paragraph 26 c (new) 26c. Supports the idea of launching a ‘Marshal Plan’ for health;
Amendment 274 #
Motion for a resolution Paragraph 26 d (new) 26d. Urges the Commission to submit as soon as possible a programme for establishing universal health cover, which will guarantee the mutualisation of health risks;
Amendment 276 #
Motion for a resolution Paragraph 26 f (new) 26f. Stresses the need for sustainable financing of programmes for the consolidation of peace and the prevention, management and resolution of conflicts in developing countries;
Amendment 277 #
Motion for a resolution Paragraph 26 g (new) 26g. Stresses the importance of supporting an effective and lasting antiterrorist policy in developing countries;
Amendment 278 #
Motion for a resolution Paragraph 26 h (new) 26h. Stresses the need to support reforms in the security sector to protect people and to render investments secure in developing countries;
Amendment 279 #
Motion for a resolution Paragraph 26 i (new) 26i. Stresses the need for the European Union to acquire its own military capability in order to keep the peace;
Amendment 28 #
Motion for a resolution Recital B d (new) Bd. whereas regional integration is important as an engine for economic growth and development and as an instrument for consolidating peace in developing countries;
Amendment 280 #
Motion for a resolution Paragraph 26 j (new) 26j. Urges the Commission to support the development of regional systems for managing conflicts, such as the African Rapid Response Force;
Amendment 281 #
Motion for a resolution Paragraph 27 27. Calls for an agreement at the Addis Ababa conference on a robust, transparent and accessible monitoring and accountability framework for effective follow-up of the implementation of the SDG commitments and objectives; calls for an international initiative to improve the quality of statistics, data and information, including data disaggregated by income, gender, age, race, ethnicity and migratory status, disability, geographic location and other characteristics relevant in national contexts; asks all parties to ensure transparent and efficient implementation of aid and financing, in particular by signing and effectively implementing the provisions of the UN Convention against Corruption;
Amendment 282 #
Motion for a resolution Paragraph 27 27. Calls for an agreement at the Addis Ababa conference on a robust monitoring and accountability framework for effective follow-up of the implementation of the SDG commitments and objectives; calls for an international initiative to improve the quality of statistics, data and information in order to track spending, investment and progress on specific commitments and objectives, in particular regarding gender- related issues and children; asks all parties to en
Amendment 283 #
Motion for a resolution Paragraph 27 27. Calls for an agreement at the Addis Ababa conference on a robust monitoring and accountability framework for effective follow-up of the implementation of the SDG commitments and objectives; calls for an international initiative to improve the quality of statistics, data and information, including data and information on age, gender and income;
Amendment 284 #
Motion for a resolution Paragraph 27 27. Calls for an agreement at the Addis Ababa conference on a robust, transparent and accessible monitoring and accountability framework for effective follow-up of the implementation of the SDG commitments and objectives;
Amendment 285 #
Motion for a resolution Paragraph 27 a (new) 27a. Defends that the new global partnership can only be inclusive and universal through the disaggregation of data by sex, age and other relevant characteristics; urges the need of investing in the capacities of national statistics offices and in filling key data and research gaps, for institutionalising data disaggregation and analysis;
Amendment 286 #
Motion for a resolution Paragraph 27 a (new) 27a. Calls on the Commission to assess the state of implementation of projects financed in the past in any country which is a potential recipient of European aid and to block any financing where projects have been abandoned without justification;
Amendment 287 #
Motion for a resolution Paragraph 27 b (new) 27b. Calls on the Commission to undertake exhaustive monitoring of the implementation of each of its development aid initiatives;
Amendment 288 #
Motion for a resolution Paragraph 27 c (new) 27c. Calls on the Commission to require every recipient country to establish an effective, efficient and assessable programme to combat corruption;
Amendment 289 #
Motion for a resolution Paragraph 27 a (new) 27a. Reminds that more investments are needed in the design of indicators for measuring progress beyond GDP to include equally important measures of progress such as wellbeing and healthy ecosystems. Natural capital accounting and biodiversity data and indicators should be incorporated into national strategies and assessments of national economic performances;
Amendment 29 #
Motion for a resolution Recital C a (new) Ca. whereas eradicating poverty and inequality can only be achieved by mobilising sufficient and appropriate resources for all, and better targeting marginalized groups, such as children, women, elderly people or persons with disabilities; whereas despite a significant reduction in extreme poverty, progress for children has been slower making the need for investing in children - both through domestic resources mobilisation and international public financing- a key factor to create enabling environments for sustained and equitable long-term growth;
Amendment 290 #
Motion for a resolution Paragraph 27 b (new) 27b. Recalls that the international community should agree on suitable monitoring frameworks that keep track of all financing flows, with transparent and separate reporting for development and climate finance commitments. All international financial institutions should abide by basic transparency standards – as set out in the Transparency Charter for International Financial Institutions – and enact public disclosure policies;
Amendment 291 #
Motion for a resolution Paragraph 27 – subparagraph 1 (new) Calls on all the involved states to react to disastrous data that indicate illegal money flows out of developing countries amounting to one trillion dollars per year, which is almost 10 times the total amount of humanitarian aid that the developing countries receive annually from more developed countries (Official development assistance). Eliminating of this situation would help reduce poverty and achieve the environmental goals in the developing countries.
Amendment 3 #
Motion for a resolution Citation 8 a (new) - having regard to the UN General Assembly Resolution 'Towards the establishment of a multilateral legal framework for sovereign debt restructurings' of September 2014,
Amendment 3 #
Draft opinion Paragraph 2 2. Calls for a joint international effort of developed and emerging countries to find new and additional climate financing for developing countries – though not at the expense of the development budget – in the agreement on Global Climate Action to be concluded at the Paris Conference of December 2015;
Amendment 30 #
Motion for a resolution Recital C b (new) Cb. whereas most of the world's poor people are now in middle-income countries; a new development paradigm therefore requires programmes targeted both for poor people and poor countries;
Amendment 31 #
Motion for a resolution Recital E E. whereas the magnitude of the SDGs financing challenge demands a strong and global partnership and the use of all forms - including innovative sources - of financing (domestic, international,
Amendment 32 #
Motion for a resolution Recital E a (new) Ea. whereas the implementation of the post-2015 agenda requires both financial and non-financial means;
Amendment 33 #
Motion for a resolution Recital E a (new) Ea. whereas financing must be provided on a continuous basis and on the scale necessary to increase public awareness and perception of sustainable global development and encourage active citizen participation in decision-taking on global issues;
Amendment 34 #
Motion for a resolution Recital F F. whereas domestic resource mobilisation and Official Development Assistance (ODA) are non-substitutable anchors of development finance which must be strengthened in order that developing countries can reach their full potential;
Amendment 35 #
Motion for a resolution Recital F a (new) Fa. whereas domestic resources are far larger than all external financing sources for developing countries;
Amendment 36 #
Motion for a resolution Recital G Amendment 37 #
Motion for a resolution Recital G G. whereas three-quarters of the world's poorest people - an estimated 960 million - currently live in middle-income countries; whereas developing countries’ potentials for domestic resource mobilisation are significant
Amendment 38 #
Motion for a resolution Recital G G. whereas developing countries’ potentials for domestic resource mobilisation are significant, but there are limits to what countries can accomplish on their own; whereas tax resources remain low in proportion of GDP in most developing countries, which are confronted with social, political and administrative difficulties in establishing a sound public finance system, thereby making them particularly vulnerable to tax evasion and avoidance activities of individual taxpayers and corporations;
Amendment 39 #
Motion for a resolution Recital G a (new) Ga. whereas it is essential to introduce tax systems in developing countries which are based on citizens' ability to pay and on a fair return for transparent exploitation of natural resources;
Amendment 4 #
Motion for a resolution Citation 8 a (new) - having regard to the resolution of 26 June 2014, adopted in the UN Human Rights Council, which calls for the elaboration of an international legally binding instrument on Transnational Corporations and Other Business Enterprises with respect to human rights,
Amendment 4 #
Draft opinion Paragraph 3 3. Recalls the EU budget’s contribution to financing for development with
Amendment 40 #
Motion for a resolution Recital G a (new) Ga. whereas the possibility of enhancing domestic resource mobilisation is further weakened by the global liberalisation context, whereby developing countries compete with each other to offer lower tax rates to attract multinationals; whereas as a result, taxes on corporate profits have been declining around the world;
Amendment 41 #
Motion for a resolution Recital G b (new) Gb. whereas losses of financial resources by developing countries i.a. in terms of illicit financial flows and repatriated profits of foreign investors are estimated to have been more than the double of inflows of new financial resources since the financial crisis of 2008;
Amendment 42 #
Motion for a resolution Recital G c (new) Gc. whereas the setting-up of an intergovernmental body for tax cooperation under the auspices of the UN would enable developing countries to participate equally in the global reform of existing international tax rules ;
Amendment 43 #
Motion for a resolution Recital G a (new) Ga. whereas that according to the World Bank, government revenues have proved resilient to external shocks, remaining stable as a percentage of GDP since the global financial crisis for developing countries as a whole, and rising in Low- income countries;
Amendment 44 #
Motion for a resolution Recital G b (new) Gb. whereas outflows of domestic resources represent major losses for developing countries and significantly exceeded flows. The largest outflows are illicit financial flows and profits repatriated by international investors, both are not easy to calculate and are likely to be underestimated;
Amendment 45 #
Motion for a resolution Recital G c (new) Gc. whereas abusive tax avoidance, where companies try to dodge taxes through complex internal structures and by financing loopholes in tax laws, is a significant problem and taxes on multinational corporations have been significantly reduced through the proliferation of tax breaks, tax deals and other tax "incentives" offered by developing countries to multinational companies;
Amendment 46 #
Motion for a resolution Recital G d (new) Gd. whereas innovative sources of public finance, such as the Financial Transaction Tax, exist and should be used as sources of finance for development policy;
Amendment 47 #
Motion for a resolution Recital H H. whereas very few developed countries are fulfilling their commitment of providing 0.7 % of Gross National Income (GNI) as ODA, including 0.15-0.20 % of GNI to Least Developed Countries (LDCs); whereas Member States which joined the EU in 2004 or later have committed to strive to the target 0.33 % of GNI, but none of them has yet reached this target;
Amendment 48 #
Motion for a resolution Recital H a (new) Ha. whereas despite challenging fiscal circumstances in many OECD countries, high levels of ODA were maintained and ODA reached an all-time high of USD 134.8 billion in 2013;
Amendment 49 #
Motion for a resolution Recital H b (new) Hb. whereas development agenda is becoming broader and it is therefore important to recognise and further incentivise the efforts that are being made above and beyond ODA;
Amendment 5 #
Motion for a resolution Citation 8 b (new) - having regard to the commitment by developed countries under the UNFCCC to scale up funding for mitigation, adaptation, technology development and transfer and capacity building in developing countries, and the commitment to provide new and additional funding amounting to USD 100 billion per year by 2020, recognising that the EU and its Member States provided over half of the total contributions of 10 billion USD in the run up to COP20 in Lima,
Amendment 5 #
Draft opinion Paragraph 4 4. Notes that the 2015 budget dedicates EUR 2.4 billion in commitments (EUR 2.1 billion in payments) to development cooperation and EUR 928.8 million in commitments (EUR 918.8 million in payments) to humanitarian aid; supports the steps taken to decrease
Amendment 50 #
Motion for a resolution Recital H a (new) Ha. whereas many less developed countries are vulnerable, or have been made vulnerable, as a result of external events such as armed conflicts, epidemics such as Ebola, and natural disasters, and whereas they need greater support;
Amendment 51 #
Motion for a resolution Recital H b (new) Hb. whereas there is an urgent need to introduce a robust health system in developing countries;
Amendment 52 #
Motion for a resolution Recital H c (new) Hc. whereas it is essential to back the establishment of the rule of law based on impartial institutions; whereas poverty reduction, economic growth and security depend to a large extent on the ability of a state to perform its sovereign functions, to provide basic public services such as access to health care, including as regards sexual and reproductive health, to justice, to education and to administration, and to guarantee and safeguard individual rights and fundamental freedoms;
Amendment 53 #
Motion for a resolution Recital H d (new) Hd. whereas, through development assistance, the principle of ownership must be applied to a greater extent in developing countries;
Amendment 54 #
Motion for a resolution Recital H e (new) He. whereas culture is a genuine vehicle for economic growth, education, development and democracy; whereas it is an antidote to any retreat into narrow nationalism, to racism and to economic, financial and social exclusion; whereas it projects a universal vision of mankind by bolstering fundamental values and human rights, in particular the right to freedom of expression;
Amendment 55 #
Motion for a resolution Recital I I. whereas private investment
Amendment 56 #
Motion for a resolution Recital I I. whereas the private
Amendment 57 #
Motion for a resolution Recital I I. whereas private investment of major direct value for the pursuit of the SDGs when properly regulated has huge potential and can be encouraged in many ways, as reflected in UNCTAD’s proposal for an Action Plan for SDG investment;
Amendment 58 #
Motion for a resolution Recital I a (new) Ia. whereas an international legally binding framework, would clarify the obligations of transnational corporations in the field of human rights, as well as of corporations in relation to States, and provide for the establishment of effective remedies for victims in cases where domestic jurisdiction is clearly unable to prosecute effectively those companies;
Amendment 59 #
Motion for a resolution Recital I a (new) Ia. whereas it is important to ensure legal certainty for investments in developing countries;
Amendment 6 #
Motion for a resolution Citation 9 a (new) - having regard to the communication from the Commission to the European Parliament and the Council on the consolidation of EU Africa relations - 1.5 billion people, 80 countries, two continents, one future (COM(2010) 634 final)[1], [1] http://eur-lex.europa.eu/legal- content/EN/TXT/?uri=CELEX:52010DC0 634
Amendment 6 #
Draft opinion Paragraph 4 a (new) 4a. Emphasises the importance of a clear priority-setting on the expenditure side with a special focus on measures in the area of health, education, energy and water supply, as well as infrastructure; underlines the necessity of further efforts and improvements in the area of aid effectiveness through a higher degree of coordination between the different aid mechanisms and donors;
Amendment 60 #
Motion for a resolution Recital I b (new) Ib. whereas the EU has adopted a platform to fund external action, EUBEC[1], so as to experiment with blending at European level; [1] EUBEC is an atypical, hybrid structure functioning as a Council group, given its strategic scope, and as an advisory committee, from an institutional perspective, given that it is co-chaired by the Commission (jointly by DG ECFIN (Economic and Financial Affairs) and by DG DEVCO (International Cooperation and Development Coopération)) and by the European External Action Service. Its Policy Group is made up of the Member States and the European Parliament. The European Investment Bank (EIB), the International Financial Institutions (IFI) and the European Development Finance Institutions (EDFI) are invited to attend meetings, depending on the agenda. The Technical Groups are made up of the Member States, the EIB, the IFI, the EDFI, and private consortia, businesses or foundations/NGOs.
Amendment 61 #
Motion for a resolution Recital J J. whereas the nature and impacts of private capital flows affects developing countries in many different ways, positive as well as negative;
Amendment 62 #
Motion for a resolution Recital J J. whereas the nature and impacts of private capital flows affects developing countries in many different ways, positive as well as negative; whereas financial flows to developing countries from private sources are significant but largely volatile, unevenly distributed and are often associated with outflows such as profit repatriation; whereas since 2010, repatriated profits have exceeded new inflows of Foreign Direct Investment; whereas illicit financial flows due to trade mispricing and other tax avoidance tactics contribute to a massive draining of domestic resources in developing countries;
Amendment 63 #
Motion for a resolution Recital J J. whereas the nature and impacts of private capital flows affects developing countries in many different ways, positive as well as negative; whereas financial flows to developing countries from private sources are significant but largely volatile but unevenly distributed and are often associated with outflows such as profit repatriation;
Amendment 64 #
Motion for a resolution Recital J a (new) Ja. whereas civil society plays a key role in ensuring a universal and inclusive process, both at national and at global level, and contributes to good governance and accountability;
Amendment 65 #
Motion for a resolution Recital J a (new) Ia. whereas it is important to promote the use of banking services in developing countries;
Amendment 66 #
Motion for a resolution Recital J a (new) Ja. whereas there are macro-economic risks associated with short-term and volatile capital flows, which can trigger severe crisis in the currency market and financial sector and subsequently destabilise the real economy;
Amendment 67 #
Motion for a resolution Recital J b (new) Jb. whereas there has been a sharp increase in new debt taken on by developing countries, driven by MLICs and UMICs since 2006;
Amendment 68 #
Motion for a resolution Recital J c (new) Jc. whereas the European Court of Auditors Special Report 16 (2014) on the use of blending concluded that for nearly half of the projects examined, there was insufficient evidence to conclude that the grants were justified, while for a number of these cases, there were indications that the investments would have been made without the EU contribution;
Amendment 69 #
Motion for a resolution Recital J a (new) Ja. whereas the important role played by remittances that have proved to be stable and counter-cyclical as a whole, rising steadily, including after the global financial crisis;
Amendment 7 #
Motion for a resolution Citation 12 a (new) - having regard to the Foreign Affairs Council conclusions of 12 December 2013 on policy coherence for development,
Amendment 7 #
Draft opinion Paragraph 4 b (new) 4b. Welcomes the firm stance of the EU on the efforts to be concentrated on both the quantity and the quality of development aid; calls on the Commission to use its expertise and authority to convince other public and private donors around the world to honour their financial promises;
Amendment 70 #
Motion for a resolution Recital J b (new) Jb. whereas developing country debt stocks reached their highest level ever in 2012 (4,8 trillion dollars according to the World Bank) which was largely driven by increases in indebtedness by private actors;
Amendment 71 #
Motion for a resolution Recital J c (new) Jc. whereas increases in private debt have played a key role in previous crises, including Asian financial crisis at the end of the last century and the recent global financial crisis;
Amendment 72 #
Motion for a resolution Recital J a (new) Ja. whereas there has to be a new macroeconomic system based not on competition, but on cooperation;
Amendment 73 #
Motion for a resolution Recital K K. whereas the EU and its Member States, as the largest donors of development aid, must lead the FfD process and help bring about a credible response to the development finance challenges; whereas other developed and emerging countries should follow its example;
Amendment 74 #
Motion for a resolution Recital K K. whereas the EU and its Member States, as the largest donors of development aid, must lead the FfD process and help bring about a credible response to the development finance challenges, ensuring policy coherence for development;
Amendment 75 #
Motion for a resolution Recital K a (new) Ka. whereas ODA loans could increase debt vulnerabilities of developing countries;
Amendment 76 #
Motion for a resolution Recital K b (new) Kb. whereas many developing countries continue to be debt distress, and new debt vulnerabilities are emerging which make a modernized and more effective debt restructuring framework necessary;
Amendment 77 #
Motion for a resolution Recital K a (new) Ka. whereas efforts in the Third Financing for Development Conference that go beyond ODA should be seen as acts of advancing policy coherence for development (PCD) agenda;
Amendment 78 #
Motion for a resolution Recital K b (new) Kb. whereas most developing countries are excluded from decision-making of major international financial standard- setting institutions, such as the Financial Stability Board (FSB), while reform at the Bretton Woods institutions is slow and minor;
Amendment 79 #
Motion for a resolution Recital K a (new) Ka. whereas any development project must be sustainable, and whereas the aim must be not to finance structures, but, rather, to create an environment potentially benefiting populations;
Amendment 8 #
Motion for a resolution Citation 14 a (new) - having regard to the Foreign Affairs Council conclusions of 12 December 2014 on a stronger role of the private sector in development cooperation,
Amendment 8 #
Draft opinion Paragraph 4 c (new) 4c. Underlines the absolute need for the EU to aim for the highest level of coordination in order to achieve coherence with other policy areas (environment, migration, international trade, Human Rights, agriculture, etc.) and avoid duplication of work and inconsistency of activities;
Amendment 80 #
Motion for a resolution Recital K b (new) Kb. whereas the necessary quid pro quo for all projects funded by the EU, on the part of the country concerned, is to undertake to keep those projects going;
Amendment 81 #
Motion for a resolution Recital K c (new) Kc. whereas practice shows that some countries receiving assistance soon cease to meet their obligation to keep funded projects going, and whereas projects are abandoned and therefore have no local impact;
Amendment 82 #
Motion for a resolution Recital K d (new) Kd. whereas development assistance and corruption are totally mutually incompatible;
Amendment 83 #
Motion for a resolution Paragraph 1 1. Welcomes the UN Secretary-General
Amendment 84 #
Motion for a resolution Paragraph 1 1. Welcomes the UN Secretary-General’s Synthesis Report and its transformative, universal, holistic and integrated approach to an ambitious global partnership;
Amendment 85 #
Motion for a resolution Paragraph 1 1. Welcomes the UN Secretary-General
Amendment 86 #
Motion for a resolution Paragraph 1 1. Welcomes the UN Secretary-General’s Synthesis Report and its transformative, holistic and integrated approach
Amendment 87 #
Motion for a resolution Paragraph 1 a (new) 1a. Welcomes the Zero Draft of the Outcome Document of the Third Financing for Development Conference and calls on the EU and its Member States to support it;
Amendment 88 #
Motion for a resolution Paragraph 2 2. Urges the EU to
Amendment 89 #
Motion for a resolution Paragraph 2 2. Urges the EU to lead the preparatory processes towards a renewed agreement on financing for development, the definition of a sustainable development framework and its means of implementation along the commitments and values stated in its founding Treaties;
Amendment 9 #
Motion for a resolution Citation 14 b (new) - having regard to the European Court of Auditors' Special Report No. 16/2014 on "The effectiveness of blending regional investment facility grants with financial institution loans to support EU external policies",
Amendment 9 #
Draft opinion Paragraph 5 5. Stresses that official development assistance remains the key instrument for financing development and urges the EU and its Member States to re-commit to the 0.7 GNI (Gross National Income) target; highlights, furthermore, the huge potential of private investment and the relevance of innovative financial instruments for leveraging such additional resources;
Amendment 90 #
Motion for a resolution Paragraph 2 a (new) 2a. Urges that the provision of EU development aid and that of its Member States should not be subject to restrictions imposed by other partner donors;
Amendment 91 #
Motion for a resolution Paragraph 2 a (new) 2a. Stresses that this should be a transformative people-centred partnership with poverty elimination, gender equality and human rights as basic principles;
Amendment 92 #
Motion for a resolution Paragraph 2 a (new) 2a. Stresses the importance of this transformative global approach to be people-centred, with poverty eradication, gender equality and universality of human rights as a core principle;
Amendment 93 #
Motion for a resolution Paragraph 2 a (new) 2a. Encourages developing countries to engage in regional integration and to sign definitive economic partnership agreements so as to facilitate the free movement of capital, persons, goods and services, promote South-South trade, support economic growth and facilitate the integration of developing countries into global trade;
Amendment 94 #
Motion for a resolution Paragraph 3 3. Insists that the EU and its Member States should take further steps to advance the financing for development agenda including maintaining their position as major donors of development aid while pushing for shared responsibility; calls on high-income countries, upper middle- income countries and emerging economies to take on significant commitments;
Amendment 95 #
Motion for a resolution Paragraph 4 4. Welcomes the recent Commission communication entitled ‘A Global Partnership for Poverty Eradication and Sustainable Development after 2015’, for its comprehensiveness, for its policy coherence focus and for confirming that the EU is committed to playing its full part in this global partnership; however,
Amendment 96 #
Motion for a resolution Paragraph 4 4. Welcomes the recent Commission communication entitled ‘A Global Partnership for Poverty Eradication and Sustainable Development after 2015’, for its comprehensiveness, for its policy coherence focus and for confirming that the EU is committed to playing its full part in this global partnership; however, regrets a certain lack of commitment
Amendment 97 #
Motion for a resolution Paragraph 4 4. Welcomes the recent Commission communication entitled
Amendment 98 #
Motion for a resolution Paragraph 4 a (new) 4a. Recalls the continuous work of EU and its Member States towards stronger Policy Coherence for Development (PCD); urges the EU to extend its PCD efforts to international fora and to ensure coherence with the post-2015 process and the SDGs;
Amendment 99 #
Motion for a resolution Paragraph 5 5. Urges the EU and its Member States to
source: 551.961
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