Financing instrument for development cooperation (DCI)
The financing instrument for development cooperation (DCI) aims to improve development cooperation.
Under this instrument, the European Union finance measures aimed at supporting geographic cooperation with the developing countries included in the list of aid recipients of the Development Assistance Committee of the Organisation for Economic Cooperation and Development (OECD/DAC).
The Regulation emphasises that the European Union's development cooperation policy is guided by the Millennium Development Goals (MDGs) and that the " European Consensus " provides the general framework for action by the European Union on development matters. It also reaffirms that the objectives of this policy are poverty reduction, sustainable economic and social development and the smooth and gradual integration of developing countries into the world economy.
The Regulation provides that European Union aid is implemented through geographic and thematic programmes and through the programme of accompanying measures for the African, Caribbean and Pacific (ACP) Sugar Protocol countries.
Geographic programmes encompass cooperation with partner countries and regions determined on a geographical basis. They cover five regions, namely Latin America, Asia, Central Asia, the Middle East and South Africa.
Thematic programmes complement geographic programmes. They cover a specific area of activity of interest to a group of partner countries not determined by geography, or cooperation activities focusing on various regions or groups of partner countries, or an international operation that is not geographically specific.
The Regulation provides for five thematic programmes concerning:
- investment in human resources;
- the environment and the sustainable management of natural resources;
- non-state actors and local authorities;
- the improvement of food security;
- cooperation in the area of migration and asylum.
The Regulation also sets up a programme of accompanying measures in favour of the 18 ACP Sugar Protocol countries.
The financial framework for the implementation of this Regulation over the period 2007-2013 is EUR 16.897 billion: EUR 10.057 billion for the geographic programmes, EUR 5.596 billion for the thematic programmes and EUR 1.244 billion for the ACP Sugar Protocol countries.
The instrument is set to expire on 31 December 2013. Not later than 31 December 2010, the Commission must submit a report evaluating the implementation of this Regulation in the first three years with, if appropriate, a legislative proposal introducing the necessary modifications.
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