The dynamics of EU budget negotiations for external action – Towards a ‘single’ instrument?

In 2018, at a time when the world and Europe are changing more than in decades, the EU will make critical choices on the design of its budget for the period 2021-2027. These choices will have a lasting strategic impact, and could see the transformation of long cherished – but often criticised – separate instruments such as the European Neighbourhood Instrument (ENI), European Development Fund (EDF), Development Cooperation Instrument (DCI), and European Initiative on Democracy and Human Rights (EIHDR).

The idea of a single instrument involving significant rationalisation of the EU’s existing External Financial Instrument (EFIs) is gaining momentum. But how solid is the narrative that would justify a single instrument?  Any ‘single’ instrument or rationalisation carries significant risks as well as potential benefits. In this brief we have highlighted different scenarios to assist stakeholders gain an insight into the political economy underpinning positions and make informed choices on issues surrounding a single instrument.

Read the full publication: ECDPM website

More publications

FfD4 as a Turning Point – Overcoming Challenges to Strengthen Sustainable Development Finance

Our latest policy brief entitled “FfD4 as a Turning Point: Overcoming Challenges to Strengthen Sustainable Development Finance” examines critical pathways to reform global development financing mechanisms, analyzing key opportunities presented by the Fourth UN Conference on Financing for Development (FfD4) and proposing concrete actions to enhance sustainable development finance. Authored

Read more >
Scroll to Top
This website uses its own cookies for its correct functioning. By clicking on the Accept button, you accept the use of these technologies and the processing of your data for these purposes.   
Privacidad