âRestore Our Earth!â was the theme and rallying cry for this yearâs Earth Day on 22 April. This is not something that could be achieved on a single day. Yet, Earth Day 2021 might signal a greater turning of the tide as the world enters the âGreen Twenties.â
The unprecedented scale of the crisis generated by the COVID-19 pandemic calls for greater empowerment of international, European and regional financial institutions for development, development finance institutions (DFIs) and public development banks. They all need to step up their efforts, to âbuild back betterâ, in a greener, more inclusive and gender-sensitive manner. This paper suggests ways to do that, adjusting the current business model of financial institutions for development to align and coordinate European investments for development.
The adoption of the EUâs Multi-annual Financial Framework (MFF) 2021-2027 will bring profound changes to the set-up of the EUâs instruments for crisis prevention, conflict management and peacebuilding in fragile and conflict-affected countries, which aim to improve the EUâs ability to engage in these contexts. However, reforming the EUâs financial instruments alone is not sufficient to address key underlying challenges. What is needed is an overarching strategic framework that puts policy coherence for sustainable peace at the centre of EU crisis prevention, conflict management and peacebuilding.Â
Brussels, Bonn, Maastricht, Paris, Rome, London and Madrid are sending a message of cooperation and vision for the future.
In this video we present you our network of think tanks and we introduce you to the ETTG world. By joining forces we are convinced that we can better influence the EUâs international cooperation agendas and work for a more sustainable future together.Â
Limited fiscal space in many developing countries demands collective efforts and EU leadership to help improve their macro-economic conditions and attract more investments for a higher impact and sustainability for recovery from COVID-19.
The EU is putting forward the idea of a COVID-19 marker on aid data to track the unprecedented mobilisation of resources to tackle the crisis globally. Rather than such a marker, the EU should consider supporting more sustainable and technologically-savvy approaches to ensure much needed transparency and accountability. The EU could back a number of other initiatives that are likely to better meet information needs, strengthening data ecosystems in developing countries and improving global reporting during and beyond the ongoing crisis.
