Approaches to EU Blending Mechanisms for Development Finance

CEPS Special Reports, Forthcoming

48 Pages Posted: 2 Feb 2012

See all articles by Jorge Nunez-Ferrer

Jorge Nunez-Ferrer

Centre for European Policy Studies (CEPS)

Arno Behrens

Centre for European Policy Studies (CEPS)

Date Written: May 18, 2011

Abstract

The European Union is strongly committed to fulfilling the Aid Effectiveness goals of the Paris Declaration and the Accra Agenda for Action, as well as the European Code of Conduct on Division of Labor in Development Policy. Towards this end, the European Commission, with the participation of many EU member states and European development financiers, has launched new financing instruments aimed at translating these commitments into real action. These instruments are grant and loan blending facilities, which link EU budget grants, member state grants and loans by international, regional and European bilateral financial institutions. This study reviews their performance and presents proposals to improve their operations.

Keywords: EU, aid effectiveness, European code of conduct on division of labour in development policy, European Commission, loan, blending, grants, loans

Suggested Citation

Nunez-Ferrer, Jorge and Behrens, Arno, Approaches to EU Blending Mechanisms for Development Finance (May 18, 2011). CEPS Special Reports, Forthcoming, Available at SSRN: https://ssrn.com/abstract=1996492

Jorge Nunez-Ferrer (Contact Author)

Centre for European Policy Studies (CEPS) ( email )

1 Place du Congres
Brussels, 1000
Belgium

Arno Behrens

Centre for European Policy Studies (CEPS) ( email )

1 Place du Congres, 1000
Brussels, 1000
Belgium

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