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Explore the EU's vital role in funding health initiatives to support MDGs, with insights on commitments, contributions, and financing mechanisms. Learn how EU aid is crucial in improving global health outcomes.
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More Money, Better Spent: EU financing in support of the health MDGs Marielle Hart Action for Global Health www.actionforglobalhealth.eu
The Vital Role of the EU • Largest aid donor in the world, 52% of global ODA • Strong MDG commitments • EU commitment ODA/GNI: 0.51% (EU 15) and 0.17% (new Member States) • Collective contribution of 0.56% by 2010 in order to reach the 0.7% by 2015. An additional 20 billion euros of aid! www.actionforglobalhealth.eu
The EU’s contribution to health ODA • Of the US$ 55.7 billion committed to ODA by the EU collectively in 2005, US$ 3.5 billion was allocated to health (6.2%). • In order to meet the 0.1% target, the EU would need to provide health ODA of US $ 13.5 billion by 2007 and US$ 19.1 billion in 2015. www.actionforglobalhealth.eu
The European Commission and health • EC in key position: 20% of overall allocation of EU ODA. Largest coverage of partner countries. • US$ 421 million disbursed as health ODA in 2005. In order to meet the 0.1% target, the EC would need to provide health ODA of US$ 1.3 billion in 2007 and US$ 1.9 billion in 2015. www.actionforglobalhealth.eu
EC Financing Mechanisms for ODA • Development Cooperation Instrument / 20% target. • Thematic funding: Investing in People • European Development Fund/Country Strategy Papers • Budget support www.actionforglobalhealth.eu
EU aid: “healthy aid”? • Budget support • MDG contracting • EU Division of Labour www.actionforglobalhealth.eu
Thank you! www.actionforglobalhealth.eu