Food insecurity had been worsening significantly in Africa even before Russia´s invasion of Ukraine. Climate shocks, the COVID-19 pandemic and regional conflicts were disrupting food production and distribution resulting in rising costs for agricultural commodities on the continent. The war in Ukraine exacerbated the situation, pushing food and fertiliser prices even higher.
There are three main actors in the Italian development cooperation system: (i) the Ministry of Foreign Affairs and International Cooperation
The Spanish system for international development cooperation consists of a web of official institutions, at different administrative levels, as well
The European Investment Bank (EIB) cooperates with the European Union (EU), its member states and their development agencies at both
The Dutch government has a longstanding and comprehensive cooperation with the Dutch Entrepreneurial Development Bank (FMO) via the Ministry of
In Germany, the Federal Ministry for Economic Cooperation and Development (BMZ) leads in coordinating the government’s bilateral development policy priorities
With the increasing reliance on development finance to mobilise resources and catalyse private sector initiatives and finance at scale for
UN Public Service Day has been observed on June 23 since 2002. On this day we celebrate the value of public service and the important contribution of efficient, accountable and effective public administration for achieving global development goals.
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.
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.