The international community bears joint responsibility for the world’s poorest countries during this pandemic. For this reason, both temporary, immediate liquidity support and long-term measures that address the root causes of indebtedness are important in order to enable these countries to prevent a financial catastrophe on top of a humanitarian one.
This brief analyses current issues in the EU’s humanitarian aid and makes recommendations for responding to the challenges ahead. Specifically, it addresses the tensions between the Commission’s ambition to be a geopolitical actor and to better respond to multidimensional crises through a ‘nexus approach’ and the strong needs-based humanitarian assistance the EU provides. The analysis is based on a structured review of academic and policy sources, complemented by interviews with Brussels-based humanitarian aid policymakers.
The measures taken to fight the Covid-19 pandemic are changing our daily lives. Many see this as an opportunity to initiate more sustainable behaviours, and even hope that this experience of imposed sobriety will be transformed into a real awareness in favour of more virtuous lifestyles for the environment.
The European project was built on the ashes of two world wars. The ongoing COVID-19 crisis, the most devastating pandemic afflicting humankind in the last century, may be its undoing. Or can it become the catalyst for building a stronger European Union for the future? The jury is still out.
COVID-19 can be a turning point towards building more resilient and sustainable societies. At this moment, global and national economies have come to an abrupt standstill. Suddenly, economic growth is not sacred anymore. To protect the weakest members of our societies, we are willing to make enormous sacrifices. Reconciling other values with economic growth is also needed if we want to meet the sustainable development goals on achieving zero hunger and greater environmental sustainability.
For the second time over the last ten years, low-income economies are confronted with the challenge of overcoming a macro crisis they did not spark and for which they have disproportionally poor capacity to cope with compared to high-income countries. In this context, development finance institutions (DFIs) have an important role to play, both during the crisis and for the recovery.
