The EU is the most open trading bloc in the world, around three quarters of EU imports from developing countries are duty free – this is a much larger share than imports to the US and China. However, Least Developed Countries (LDCs) continue to account for a low share of global trade, experiencing an increase in their share of global trade of just 0.4% (from 0.8% to 1.2%) over the last decade. In the view of recent trends, the European Commission has decided to review its traditional trade and development tools, in a bid to tailor them to those countries that are getting left behind.

On 7 February 2012, the European Commission held a public consultation meeting on its latest trade strategy – ‘Trade, Growth & Development: tailoring trade and investment policy for those countries most in need’, which was released at the end of January.

ODI’s Jodie Keane reports back in this meeting report.

Over on his website, Simon Maxwell looks at the outcome of the climate talks in Durban, focusing  on the central role played by the EU. Simon notes:

“The most interesting aspect for me is the role of the EU in brokering this deal, first by developing the idea of a ‘road-map’ to a post-Kyoto framework, and second by stitching together an alliance across the traditional dividing lines of Annex 1, Annex 2 and non-Annex 1 countries, as well as large and small emitters. I can’t say that I have studied the internal EU processes in any detail, nor been able to disentangle the role of European institutions versus Member States, but at first sight Connie Hedegaard, the EU Climate Commissioner, deserves a great deal of credit. There are a couple of implications.

First, Durban may well provide a case study of why it is sensible for Member States to work together through the EU, and of how to do it. At a time of political crisis in Europe, there are valuable lessons about the benefits of developing an EU-wide vision and set of targets, as well as specific instruments like the European Emissions Trading Scheme, however flawed (but NB worth celebrating and defending, especially given the current row with the Chinese, Americans and others about bringing airline emissions into the Scheme). Are there implications for development ministers working on climate change, but also more widely?

Second, it is interesting to speculate whether and how EU momentum will be sustained. Is it sensible to think, for example, that the global public good would be served if EU Member States concentrated more of their climate change energy through Brussels institutions rather than bilaterally – giving Connie Hedegaard more bargaining power in the negotiations over a new treaty? From a development angle, there might be implications for the funding of the EU’s Global Climate Change Alliance, so far very poorly funded, and for the allocation of bilateral funds, like the UK’s International Climate Fund.”

To read more, click here.

Click here to read the EDCSP team’s monthly update for December

 

The EDCSP team is now all set for next week’s European Development Days.

 

On 16 December from 14.15 until 16.00, we will jointly host a panel debate, with our European Think-Tank Group partners and with French research institute FERDI. Our debate will look at ‘Modernising European Development Policy’ and boasts a high-level panel including:

  • Andris Piebalgs (European Commissioner for Development),
  •  Baroness Lindsay Northover (UK Government Spokesperson on International Development, House of Lords),
  •  Tertius Zongo (Former Prime Minister of Burkina Faso),
  •  Alain Henry (Head of the Cabinet of Mr. Henri de Raincourt),
  •  Paul Engel (Director of ECDPM),
  •  Patrick Guillaumont (President of FERDI), and
  •  Simon Maxwell (ODI) (chair).

If you are attending the EDDs too, please come along!

Ahead of the Fourth High Level Forum on Aid Effectiveness at Busan, read the EU’s common position here.

Eurobarometer have just released an opinion poll on development aid, based on interviews with 26,856 people across the EU in September 2011.

The key findings reveal that 85% of Europeans find development aid very important or fairly important. The countries that are most supportive of development aid are Sweden (97%), Cyprus (95%), Poland (92%), Luxembourg (92%), Germany (92%) and Finland (91%). Overall support is the weakest in Hungary (75%), Bulgaria (75%), Estonia (74%) and Slovenia (71%).

A large majority of Europeans (70%) see sub-Saharan Africa as a part of the world that is most in need of aid in the fight against poverty. In a question that allowed respondents a maximum of three answers, North Africa and the Middle-East came second at 33%, followed by the Indian sub-continent (25%), the Caribbean (17%), South East Asia (16), Eastern Europe (outside the EU), Caucasus and Central Asia (15%), Latin America (15%). and the Pacific and Oceania (6%).

Read the report to learn more interesting stats.

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