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EU Council conclusions on supporting developing countries in coping with the crisis

2009-05-19 17:52:32

In the Council of the European Union conclusions on supporting developing countries in coping with the crisis, the EU stresses the importance of further developing and implementing innovative sources of financing.

Indeed, the EU Council “welcomes the success of the pilot phase of implementation of innovative sources of financing and calls for a change of scale in this domain.”

Furthermore, the Council “encourages all donors to participate to existing initiatives in the field of health which have shown their ability to provide stable and predictable resources in a coordinated manner”, as indicated in the EU declaration last November.

Please find the full EU Council Conclusions at :

PDF - 153.6 kb
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Leading Group on Innovative Financing for Development
http://www.leadinggroup.org