Council Conclusions on Supporting Developing Countries in Coping with the Crisis, Brussels, 18 May 2009

Sectors : Aid volume, Quality of aid, Gender and economic opportunity, International partnerships and support for Pan-African institutions, Financial Institutions, markets, services and microfinance, Political governance
Organisation : EU
Date made: 
Heads Of State
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Commitments in: Financing for Development - Quality of aid

“29. ...The EU will continue implementing its 2007 Strategy on Aid for Trade1 in all its dimensions, including on financial commitments and aid effectiveness principles...”


Commitments in: Financing for Development - Aid volume

“3. To ensure a fair and sustainable recovery for all, the EU reaffirms its commitments to support developing countries in meeting the MDGs and to achieve our respective Official Development Assistance (ODA) targets1. The EU will take targeted, counter-cyclical measures aimed at protecting the most vulnerable countries and groups and at sustaining economic activity and employment, with particular attention to the private sector and productive capacity. The EU will also improve the effectiveness of its aid based on the principles outlined in the Accra Agenda for Action (AAA), work together for governance, stability and gender equality and promote an open global economy and more efficient and inclusive global institutions”