Elcano and ETTG have published the report on the rise of public development banks in the European financial architecture for development which shows how PDBs are critical in promoting resilience to shocks (financial, economic, pandemic, climate, etc.), stabilise the economy and foster a more rapid long-lasting recovery. The report also stresses the importance of medium- and long-term finance for development that can help building markets and promoting economic transformation in a sustainable, green, inclusive and gender-sensitive manner.
This synthesis note presents one-page overviews of the main findings and recommendations in relation to the five themes, which are discussed in greater detail in the policy briefs that have been published during the past months. A link to the full policy brief is included at the end of each one-pager. These thematic overviews are preceded by a short analysis of the relationship between Africa and Europe and five proposals for strengthening the continent-to-continent dialogue on sustainable development.
The COVID-19 crisis has created a dire need for the active facilitation of sustainable investment to promote an inclusive, gender-sensitive and green recovery. The partnership between the European Union (EU) and the African Union (AU), and their respective member states, can provide a strategic and institutional framework for stimulating sustainable investment in a collective manner.
The present study is the product of the European Think Tanks Group (ETTG) collaboration aiming both to propose a definition of SDG alignment and to provide concrete principles to further operationalise and promote such alignment in practice.
Europe–Africa relations are facing a double challenge – the COVID-19 pandemic puts social and economic systems under strain at a point when the consequences of the climate crisis are being increasingly felt on both continents. Within Africa and Europe, debates have started about recovery measures to address the pandemic’s short and medium-term socio-economic consequences. A key question in these debates is how to “build back better” and use the crisis to promote green transitions and move towards more sustainable development pathways.
Multilateralism has been in trouble for a while, particularly at the global level. Yet, the European Union (EU) and its member states have remained among its staunchest supporters.In their June 2019 Council Conclusions, EU leaders drew the outlines of a common European vision to uphold, extend and reform the multilateral system. Against an increasingly complex and contested geopolitical backdrop, these goals were further developed in the recent EU Communication on Multilateralism, published in February 2021.
The consequences of COVID-19 will shape European policies and politics for years to come. Europe is lacking behind particularly on the SDGs related to agriculture, climate change and biodiversity and in strengthening convergence of living standards across EU member states. The pandemic has made these SDGs even more difficult to achieve by 2030, and could derail progress on other SDGs as well.
Digitalisation is the use of digital technologies and digitised data in enterprises and organisations, with far-reaching implications for how work gets done and how customers engage and interact with operations. There can be no doubt that digitalisation is transforming business models, revolutionising societies and creating new revenue streams around the globe. Now, more than ever, we need to understand and harness the power of digitalisation, to further the global common good.
The current policy brief lays out the obstacles to both AfCFTA implementation and realisation of its full economic potential. It also explores how the EU can engage in providing targeted support and how to strengthen AfCFTA-related cooperation between Africa and the EU. The analysis and recommendations draw on a review of the literature and policy documents by the German Development Institute (DIE), the African Center for Economic Transformation (ACET) and the European Centre for Development Policy Management (ECDPM), as well as two online expert seminars on 17 and 24 June 2020.
The ETTG note debunks some of the dominant myths surrounding Chinese engagement in Africa and unpacks the evolving relationship between China and the African continent. It starts by looking closer at common European perceptions about China-Africa relations. It then provides a brief sketch of the historical underpinnings of China’s engagement in Africa. Afterwards, it looks at how the notion of competition with rising global powers like China has influenced the EU’s relations with African partners.