Translation of "Principe de l'efficacité de l'aide au développement " (French → English) :

38. Recalls that public aid alone is far from sufficient to cover all investment needs in developing countries; therefore insists on the leverage role of blending and public-private partnerships (PPPs) as a means to enhance the impact of development assistance, to attract private finance and to support local businesses; stresses, however, that blended finance must not replace state responsibility for delivering on social needs and should be aligned with national development objectives and with development effectiveness principles; encourages PPPs i ...[+++]n particular in the field of research related to the Innovative Medicines Initiative such as the Ebola+ programme;

14. Recalls that Union blending should in no circumstances constitute an excuse for diminishing ODA; welcomes the participation of the Parliament in the EU Platform for Blending in External Cooperation (EUBEC) to provide recommendations and guidance with a view to further increase the effectiveness of aid delivered by the Union through blending operations in line with the internationally agreed objectives of the aid effectiveness agenda, particularly the key principles of ownership, alignment, harmonisation and mutual accountability; in particular, recommends, in a context where blending provides an opportunity to support the activitie ...[+++]s of big Union corporations operating abroad (thereby departing from development objectives), that Parliament should be duly informed on the project proposals financed by the blending facilities before decisions are taken by the operational boards; recalls that projects financed through blending should truly contribute to poverty reduction and respect development effectiveness principles; calls on the Commission to use blending only where its added value is demonstrated as highlighted by the Court;

This includes improving effectiveness and impact through greater coordination and coherence, by applying the development effectiveness principles and by delivering development cooperation as one part of the overall internal and external action to promote the implementation of the 2030 Agenda.

The EU’s support for private sector development and its engagement with both the local and international private sector will be guided by clear principles that complement aid effectiveness principles and are intended also to inspire efforts by EU Member States, financing institutions, and other development partners of the EU.

The development effectiveness principles, namely, ownership of development priorities by developing countries, focus on results, inclusive development partnerships, transparency and mutual accountability, will underpin all forms of EU development cooperation.

80. Insists that the water, sanitation and hygiene (WASH) sector in developing countries should be given high priority in both official development aid (ODA) and national budgets; recalls that water management is a collective responsibility; favours open-mindedness in relation to different aid modalities, but strict adherence to development effectiveness principles, to policy coherence for development and to an unwavering focus on poverty eradication and the maximisation of the development impact; supports, in this regard, the invo ...[+++]lvement of local communities in the realisation of projects in developing countries, as well as the principle of community ownership;