REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL Annual Report on the Implementation of the European Union's Instruments for Financing External Actions in 2016
1. This annual report covers the European Union’s external assistance policies and programmes in 2016. The report is accompanied by two staff working documents which provide further details on the EU’s external actions in 2016. It reflects on the EU’s global strategy on Foreign and Security Policy (EUGS) which sets out core EU interests and principles, and provides a roadmap for a credible, responsible and responsive EU in the world. The strategy is complemented by the implementation of the 2030 Agenda for Sustainable Development and its 17 Sustainable Development Goals (SDGs) with new European Consensus on Development as the basis for the EU’s actions on development.
2. The report begins by noting that in 2016, the EU and its Member States remained the world's largest provider of development funding, contributing more than half of official development assistance (ODA) globally. The European Commission alone disbursed over EUR 10.3 billion (£9.2 billion) in official development assistance (ODA) on behalf of the EU with the aim of reducing poverty in the world, ensuring sustainable economic, social and environmental development, and promoting democracy, the rule of law, good governance and the respect of human rights.