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

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

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

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

  2. The Vital Role of the EU • Largest aid donor in the world, 52% of global ODA • Strong MDG commitments • EU commitment ODA/GNI: 0.51% (EU 15) and 0.17% (new Member States) • Collective contribution of 0.56% by 2010 in order to reach the 0.7% by 2015. An additional 20 billion euros of aid! www.actionforglobalhealth.eu

  3. The EU’s contribution to health ODA • Of the US$ 55.7 billion committed to ODA by the EU collectively in 2005, US$ 3.5 billion was allocated to health (6.2%). • In order to meet the 0.1% target, the EU would need to provide health ODA of US $ 13.5 billion by 2007 and US$ 19.1 billion in 2015. www.actionforglobalhealth.eu

  4. The European Commission and health • EC in key position: 20% of overall allocation of EU ODA. Largest coverage of partner countries. • US$ 421 million disbursed as health ODA in 2005. In order to meet the 0.1% target, the EC would need to provide health ODA of US$ 1.3 billion in 2007 and US$ 1.9 billion in 2015. www.actionforglobalhealth.eu

  5. EC Financing Mechanisms for ODA • Development Cooperation Instrument / 20% target. • Thematic funding: Investing in People • European Development Fund/Country Strategy Papers • Budget support www.actionforglobalhealth.eu

  6. EU aid: “healthy aid”? • Budget support • MDG contracting • EU Division of Labour www.actionforglobalhealth.eu

  7. Thank you! www.actionforglobalhealth.eu

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