Sittings · Document

Draft report (2025/2004(INI)) 2025-03-06

Financing for development – ahead of the Fourth International Conference on Financing for Development in Seville

Committee on Development

Amendment 1

Waldemar Tomaszewski

Motion for a resolution

Citation 1

Motion for a resolutionAmendment
– having regard to UN General Assembly Resolution 70/1 of 25 September 2015 entitled ‘Transforming our world: the 2030 Agenda for Sustainable Development’, adopted at the UN Sustainable Development Summit in New York and establishing the Sustainable Development Goals (SDGs),deleted

Or. pl

Amendment 2

Tomasz Froelich

Motion for a resolution

Citation 1

Motion for a resolutionAmendment
– having regard to UN General Assembly Resolution 70/1 of 25 September 2015 entitled ‘Transforming our world: the 2030 Agenda for Sustainable Development’, adopted at the UN Sustainable Development Summit in New York and establishing the Sustainable Development Goals (SDGs),deleted

Or. en

Amendment 3

Barry Andrews

Motion for a resolution

Citation 1 a (new)

Motion for a resolutionAmendment
– whereas with just five years remaining before we reach the 2030 SDG targets, current progress falls far short of what is required to meet the SDGs and only 17% of the SDG targets are on track,

Or. en

Amendment 4

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Citation 1 a (new)

Motion for a resolutionAmendment
– having regard to UNCTAD, ‘Principles on Promoting Responsible Sovereign Lending and Borrowing’, January 2012,

Or. en

Amendment 5

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Citation 1 b (new)

Motion for a resolutionAmendment
– having regard to the Resolution 68/304 of the UN General Assembly, ‘Towards the Establishment of a Multilateral Legal Framework for Sovereign Debt Restructuring Processes’, of 2014,

Or. en

Amendment 6

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Citation 1 c (new)

Motion for a resolutionAmendment
– having regard to the Resolution of General Assembly of 2015 on the ‘Basic Principles on Sovereign Debt Restructuring Processes’,

Or. en

Amendment 7

Waldemar Tomaszewski

Motion for a resolution

Citation 2

Motion for a resolutionAmendment
– having regard to the Addis Ababa Action Agenda of the Third International Conference on Financing for Development held in Addis Ababa from 13 to 16 July 2015,deleted

Or. pl

Amendment 8

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Citation 2 a (new)

Motion for a resolutionAmendment
– having regard to the Samoa Partnership Agreement strengthening the relationshop between the EU and its Member States with African, Caribbean, and Pacific States (OACPS), signed on 15 November 2023,

Or. en

Amendment 9

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Citation 2 b (new)

Motion for a resolutionAmendment
– having regard to the Cotonou Partnership Agreement (2000), with African, Caribbean and Pacific states, which strengthened relations with ACP countries, emphasising political, economic and social dimensions,

Or. en

Amendment 10

Tomasz Froelich

Motion for a resolution

Citation 3

Motion for a resolutionAmendment
– having regard to the Paris Agreement of 12 December 2015, adopted at the 21st Conference of the Parties to the United Nations Framework Convention on Climate Change,deleted

Or. en

Amendment 11

Waldemar Tomaszewski

Motion for a resolution

Citation 3

Motion for a resolutionAmendment
– having regard to the Paris Agreement of 12 December 2015, adopted at the 21st Conference of the Parties to the United Nations Framework Convention on Climate Change,deleted

Or. pl

Amendment 12

Tomasz Froelich

Motion for a resolution

Citation 7

Motion for a resolutionAmendment
– having regard to UN General Assembly Resolution 79/1 of 22 September 2024 entitled ‘The Pact for the Future’, adopted at the Summit of the Future in New York,deleted

Or. en

Amendment 13

György Hölvényi

Motion for a resolution

Citation 9 a (new)

Motion for a resolutionAmendment
– having regard to its resolution of 13 December 2023 on EU development cooperation to enhance access to education and training in developing countries,

Or. en

Amendment 14

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Citation 9 a (new)

Motion for a resolutionAmendment
– having regard to its resolution of 17 April 2018 on enhancing developing countries’ debt sustainability,

Or. en

Amendment 15

Waldemar Tomaszewski

Motion for a resolution

Citation 11

Motion for a resolutionAmendment
– having regard to its resolution of 15 June 2023 on the implementation and delivery of the Sustainable Development Goals3,deleted
_________________
3 OJ C, C/2024/493, 23.1.2024, ELI: http://data.europa.eu/eli/C/2024/493/oj.

Or. pl

Amendment 16

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Citation 11 a (new)

Motion for a resolutionAmendment
– having regard to the United Nations Framework Classification for Resources (UNFC),

Or. en

Amendment 17

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Citation 11 b (new)

Motion for a resolutionAmendment
– having regard to the United Nations Declaration on the Rights of Indigenous People (UNDRIP),

Or. en

Amendment 18

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Citation 12 a (new)

Motion for a resolutionAmendment
– having regard to Article 208 of the Treaty on the Functioning of the European Union (TFEU), dictating the reduction, and in the long-term eradication, of poverty is the primary objective of the EU’s development cooperation; reaffirming its commitment to supporting human rights, preserving peace and preventing conflict, assisting populations, countries and regions confronting natural or man-made disasters, and the sustainable management of global natural resources,

Or. en

Amendment 19

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Citation 12 b (new)

Motion for a resolutionAmendment
– having regard to Article 18.4 of the Treaty on European Union, calling on the HRVP to ensure the consistency of the Union’s external action,

Or. en

Amendment 20

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Citation 12 c (new)

Motion for a resolutionAmendment
– having regard to the EU’s collective commitments to provide 0.7% of gross national income (GNI) as official development assistance (ODA), and 0.2% as ODA to least developed countries (LDC) by 2030, reaffirming in the Council conclusion of June 2024, in the European Consensus on Development and in Council Conclusions of 26 May 2015,

Or. en

Amendment 21

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Citation 12 d (new)

Motion for a resolutionAmendment
– having regard to the European Consensus on Development,

Or. en

Amendment 22

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Citation 12 e (new)

Motion for a resolutionAmendment
– having regard to its resolution of 14 March 2023 on Policy Coherence for Development,

Or. en

Amendment 23

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Citation 12 f (new)

Motion for a resolutionAmendment
– having regard to the EU Gender Action Plan (GAP III),

Or. en

Amendment 24

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Citation 12 g (new)

Motion for a resolutionAmendment
– having regard to the Youth Action Plan (YAP) in European Union external action for 2022-2027,

Or. en

Amendment 25

Waldemar Tomaszewski

Motion for a resolution

Citation 13

Motion for a resolutionAmendment
– having regard to the Climate Bank Roadmap of the European Investment Bank (EIB) of 14 December 2020,deleted

Or. pl

Amendment 26

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Citation 14 a (new)

Motion for a resolutionAmendment
– having regard to the New Collective Quantified Goal (NCQG) agreed upon during the COP29 in Baku on 24 November 2024, including commitments to mobilise at least USD 300 billion per year for climate change mitigation and adaptation in low- and middle-income countries, and the launch of the Baku-Belém Roadmap to reach at least an additional USD 1.3 trillion per year for development cooperation by 2035,

Or. en

Amendment 27

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Citation 14 b (new)

Motion for a resolutionAmendment
– having regard to the press statement by the Spokesperson for the U.S. Department of State on Implementing the President’s Executive Order on Re-evaluating and Realigning United States Foreign Aid released on 26 January 2025, announcing the suspension and reassessment of all U.S. foreign assistance funded by or through the State Department and U.S. Agency for International Development (USAID),

Or. en

Amendment 28

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital -A (new)

Motion for a resolutionAmendment
-A. whereas more than 700 million people worldwide are living in extreme poverty, and the amount of people living in extreme poverty is increasing;

Or. en

Amendment 29

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital -A a (new)

Motion for a resolutionAmendment
-Aa. whereas the wealth gap and inequality within and between countries increases, and affects millions of people worldwide and hindering sustainable development;

Or. en

Amendment 30

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital -A b (new)

Motion for a resolutionAmendment
-Ab. whereas poverty disproportionately affects women and girls globally, and the gender-poverty gap persists to this day;

Or. en

Amendment 31

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital -A c (new)

Motion for a resolutionAmendment
-Ac. whereas at this critical juncture for achieving the SDGs, progress on the 2030 Agenda is alarmingly off-track;

Or. en

Amendment 32

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital -A d (new)

Motion for a resolutionAmendment
-Ad. whereas at this critical juncture for achieving the SDGs, progress on the 2030 Agenda is alarmingly off-track;

Or. en

Amendment 33

Charles Goerens

Motion for a resolution

Recital A

Motion for a resolutionAmendment
A. whereas mobilising even a small fraction of global wealth for sustainable development remains difficult, with UN Trade and Development estimating that the annual SDG financing gap in developing countries has increased to USD 4–4.3 trillion;A. whereas the increasing number of crises worldwide, the rise in extreme poverty and hunger, and the increasingly frequent and severe consequences of climate change have halted or even reverted progress regarding the sustainable development goals (SDGs); whereas mobilising even a small fraction of global wealth for sustainable development remains difficult, with UN Trade and Development estimating that the annual SDG financing gap in developing countries has increased to USD 4–4.3 trillion, representing a more than 50% increase over pre-pandemic estimates;

Or. en

Amendment 34

Isabel Serra Sánchez

Motion for a resolution

Recital A

Motion for a resolutionAmendment
A. whereas mobilising even a small fraction of global wealth for sustainable development remains difficult, with UN Trade and Development estimating that the annual SDG financing gap in developing countries has increased to USD 4–4.3 trillion;A. whereas mobilising even a small fraction of global wealth for sustainable development remains difficult due to an unjust global economic system that allows multinational corporations and financial institutions to extract wealth from the Global South, exacerbating inequalities and limiting domestic resource mobilisation;

Or. en

Amendment 35

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital A

Motion for a resolutionAmendment
A. whereas mobilising even a small fraction of global wealth for sustainable development remains difficult, with UN Trade and Development estimating that the annual SDG financing gap in developing countries has increased to USD 4–4.3 trillion;A. whereas mobilising even a small fraction of global wealth for sustainable development remains difficult, with UN Trade and Development estimating that the annual SDG financing gap in low- and middle-income countries has increased to USD 4–4.3 trillion;

Or. en

Amendment 36

Lukas Mandl, Niels Geuking

Motion for a resolution

Recital A a (new)

Motion for a resolutionAmendment
Aa. whereas food insecurity has significantly risen as a result of Russia's war of aggression against Ukraine, as well as due to the impact of other armed conflicts and is therefore a barrier of achieving the SDGs; whereas the impact of demographic changes, most notably population growth is further worsening the situation; whereas EU cooperation needs to tackle this challenge effectively with partner countries in a sustainable manner;

Or. en

Amendment 37

Abir Al-Sahlani

Motion for a resolution

Recital A a (new)

Motion for a resolutionAmendment
Aa. whereas with only five years left to achieve the SDG 2030 targets, progress to achieve them are severely off track, with only 17 per cent of the SDG targets on track, nearly half showing minimal or moderate progress, and one third are stalled or regressing;

Or. en

Amendment 38

Isabel Serra Sánchez

Motion for a resolution

Recital A a (new)

Motion for a resolutionAmendment
Aa. whereas the achievement of the Sustainable Development Goals (SDGs) requires an unprecedented mobilisation of financial resources, both public and private, at the global level;

Or. en

Amendment 39

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital A a (new)

Motion for a resolutionAmendment
Aa. whereas global leading donors in development cooperation are abandoning their commitments to finance sustainable development;

Or. en

Amendment 40

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital A b (new)

Motion for a resolutionAmendment
Ab. whereas it is estimated that the failure of Member States to meet the 0.7% of GNI target for ODA has cost low- and middle-income countries more than € 1.2 trillion in development cooperation since 1970;

Or. en

Amendment 41

Charles Goerens

Motion for a resolution

Recital B

Motion for a resolutionAmendment
B. whereas developing countries face significantly higher borrowing costs, further exacerbating the finance divide;B. whereas developing countries face significantly higher borrowing costs, paying on average twice as much interest on their total sovereign debt stock compared to developed countries, further exacerbating the finance divide;

Or. en

Amendment 42

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital B

Motion for a resolutionAmendment
B. whereas developing countries face significantly higher borrowing costs, further exacerbating the finance divide;B. whereas low- and middle-income countries face significantly higher borrowing costs, further exacerbating the finance divide;

Or. en

Amendment 43

György Hölvényi

Motion for a resolution

Recital B a (new)

Motion for a resolutionAmendment
Ba. whereas developing countries are facing an alarming level of corruption and despite certain efforts domestic revenue mobilisation remained low, further notes that according to the African Development Bank Group corruption drains an estimated 10 billion USD annually from African economies, diverting crucial resources from healthcare, education, and infrastructure development;

Or. en

Amendment 44

Isabel Serra Sánchez

Motion for a resolution

Recital B a (new)

Motion for a resolutionAmendment
Ba. whereas developing countries face disproportionately high borrowing costs due to unjust global financial structures, further exacerbating the finance divide and forcing many into cycles of perpetual debt dependence;

Or. en

Amendment 45

Isabel Serra Sánchez

Motion for a resolution

Recital B b (new)

Motion for a resolutionAmendment
Bb. Whereas the current global financial architecture does not sufficiently support the needs of developing countries and often exacerbates economic inequalities;

Or. en

Amendment 46

Isabel Serra Sánchez

Motion for a resolution

Recital B c (new)

Motion for a resolutionAmendment
Bc. whereas the historical responsibility of the Global North in the current economic inequalities and environmental crises faced by developing countries necessitates reparatory justice through debt cancellation, climate finance, and fair trade policies;

Or. en

Amendment 47

Charles Goerens

Motion for a resolution

Recital C

Motion for a resolutionAmendment
C. whereas more than half of low-income countries in the world are currently either in debt distress or at high risk thereof;C. whereas according to the latest data, more than half of low-income countries in the world are currently either in debt distress or at high risk thereof; with low-income countries (LICs) and least-developed countries (LDCs) spending nearly 20% of government revenues on servicing external debt in 2023, up 4x since 2013; whereas debt spending in the countries concerned is multiple times the spending on public goods such as education, health, social protection, or climate change;

Or. en

Amendment 48

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital C

Motion for a resolutionAmendment
C. whereas more than half of low-income countries in the world are currently either in debt distress or at high risk thereof;C. whereas almost two-thirds of low-income countries in the world are currently either in debt distress or at high risk thereof, with over a hundred countries struggling due to the combination of debt and interest; whereas more than three-fourths of low-income countries (LIC) are spending more money on debt servicing than to national healthcare, and more than half spend more on debt servicing than on education;

Or. en

Amendment 49

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Recital C

Motion for a resolutionAmendment
C. whereas more than half of low-income countries in the world are currently either in debt distress or at high risk thereof;C. whereas more than half of low-income countries in the world are currently either in debt distress or at high risk thereof; and whereas unsustainable debts are one of the most important obstacles for global south countries to advance the SDGs and tackle i.e. climate challenges;

Or. en

Amendment 50

Niels Geuking, Lukas Mandl

Motion for a resolution

Recital C a (new)

Motion for a resolutionAmendment
Ca. whereas achieving sustainable development requires not only external financing but also the strengthening of economic self-sufficiency in developing countries, including through enhanced domestic resource mobilisation, investment-friendly policies, and the promotion of entrepreneurship and private sector growth; underlines the paramount importance of domestic ownership in this context;

Or. en

Amendment 51

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Recital C a (new)

Motion for a resolutionAmendment
Ca. considering that the government of an indebted country hit by a catastrophic external shock, such as a natural disaster linked to climate change, must not only keep on with the debt payments but also falls into further borrowing to be able to pay for the reconstruction and recovery costs;

Or. en

Amendment 52

Isabel Serra Sánchez

Motion for a resolution

Recital C a (new)

Motion for a resolutionAmendment
Ca. whereas 3.3 billion people live in countries that spend more on interest payments than on education or health, and in emerging and developing countries interest payments exceed investments in the climate, thus slowing down efforts to adapt to and mitigate climate change;

Or. en

Amendment 53

Isabel Serra Sánchez

Motion for a resolution

Recital C b (new)

Motion for a resolutionAmendment
Cb. whereas one-fifth of the world's population lives in countries with high levels of inequality and, according to data from 2023, the richest 1% of the world owns 47.5% of all global wealth, and the effective tax rates on the richest 1% are often lower than the tax rates for the rest of the population;

Or. en

Amendment 54

Niels Geuking, Lukas Mandl

Motion for a resolution

Recital C b (new)

Motion for a resolutionAmendment
Cb. whereas development assistance plays a crucial role in addressing the root causes of migration by promoting economic opportunities, stability, and good governance in partner countries, thereby contributing to long-term solutions that reduce forced displacement and irregular migration;

Or. en

Amendment 55

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Recital C b (new)

Motion for a resolutionAmendment
Cb. whereas Climate Resilient Debt Clauses (CRDC) are clauses that can be added to loan or bond contracts and that are triggered by certain specified external catastrophic events, notably climate-related, which allow the borrower to temporarily suspend debt payments;

Or. en

Amendment 56

Isabel Serra Sánchez

Motion for a resolution

Recital C c (new)

Motion for a resolutionAmendment
Cc. whereas private sector financing, while crucial, has not met expectations in addressing development challenges due to its profit-driven nature;

Or. en

Amendment 57

Isabel Serra Sánchez

Motion for a resolution

Recital C d (new)

Motion for a resolutionAmendment
Cd. whereas EU development funds continue to be used to promote European geopolitical interests rather than directly funding public services and community-led initiatives;

Or. en

Amendment 58

Isabel Serra Sánchez

Motion for a resolution

Recital C e (new)

Motion for a resolutionAmendment
Ce. whereas debt crises in developing countries are largely the result of structural imbalances in the global financial system, including unfair trade terms, financial speculation, and predatory lending practices by international financial institutions;

Or. en

Amendment 59

Niels Geuking, Lukas Mandl

Motion for a resolution

Recital D

Motion for a resolutionAmendment
D. whereas the structure of creditors is changing and becoming more complex, with private creditors and new bilateral creditors outside the Paris Club playing a much larger role;D. whereas the structure of creditors is changing and becoming more complex, with private creditors and new bilateral creditors outside the Paris Club playing a much larger role; whereas China in particular grants loans under non-transparent conditions, which is why stronger international regulation and disclosure of this debt is necessary;

Or. en

Amendment 60

Isabel Serra Sánchez

Motion for a resolution

Recital D a (new)

Motion for a resolutionAmendment
Da. whereas the climate crisis, biodiversity loss, and rising inequalities necessitate increased international financial commitments, particularly for the most vulnerable countries and communities;

Or. en

Amendment 61

Isabel Serra Sánchez

Motion for a resolution

Recital D b (new)

Motion for a resolutionAmendment
Db. whereas many EU-funded projects retain a persistent neocolonial nature, disproportionately benefiting European companies while keeping partner countries dependent on foreign capital and technology;

Or. en

Amendment 62

Isabel Serra Sánchez

Motion for a resolution

Recital D c (new)

Motion for a resolutionAmendment
Dc. whereas multinational corporations exploit natural resources in developing countries, often under the guise of “sustainable development” or “green energy,” leading to environmental destruction, land grabs, and violations of Indigenous rights;

Or. en

Amendment 63

Charles Goerens

Motion for a resolution

Recital E

Motion for a resolutionAmendment
E. whereas the upcoming Fourth International Conference on Financing for Development in 2025 presents a critical opportunity to reform the global financial architecture;E. whereas the upcoming Fourth International Conference on Financing for Development in 2025 presents a critical opportunity to reform the global financial architecture and address the growing financing challenges faced by developing countries;

Or. en

Amendment 64

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital E

Motion for a resolutionAmendment
E. whereas the upcoming Fourth International Conference on Financing for Development in 2025 presents a critical opportunity to reform the global financial architecture;E. whereas the upcoming Fourth International Conference on Financing for Development in 2025 presents a critical moment for necessary reform of the global financial architecture;

Or. en

Amendment 65

Isabel Serra Sánchez

Motion for a resolution

Recital E a (new)

Motion for a resolutionAmendment
Ea. whereas international financial institutions and multilateral development banks (MDBs) must undergo reforms to ensure fair representation, increased lending capacity, and better alignment with sustainable development objectives;

Or. en

Amendment 66

Charles Goerens

Motion for a resolution

Recital E a (new)

Motion for a resolutionAmendment
Ea. whereas the least developed countries (LDCs) are projected to face annual debt servicing costs of 40 USD billion between 2023 and 2025, severely constraining their fiscal space for essential public investments;

Or. en

Amendment 67

Charles Goerens

Motion for a resolution

Recital F

Motion for a resolutionAmendment
F. whereas the current international financial architecture is based on the Bretton Woods Agreements of 1944, which represents an architecture that today is no longer capable of meeting the needs of the 21st century multipolar world;F. whereas the current international financial architecture is based on the Bretton Woods Agreements of 1944, which represents an architecture that today is no longer capable of meeting the needs of the 21st century multipolar world characterised by deeply integrated economies and financial markets, but also marked by geopolitical tensions, growing systemic risks and the effects of climate change;

Or. en

Amendment 68

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital F

Motion for a resolutionAmendment
F. whereas the current international financial architecture is based on the Bretton Woods Agreements of 1944, which represents an architecture that today is no longer capable of meeting the needs of the 21st century multipolar world;F. whereas the current international financial architecture is based on the Bretton Woods Agreements of 1944, which represents an architecture that is incapable of meeting the needs of the 21st century multipolar world, and persists in upholding the existing power imbalance that favours countries in the so-called Global North;

Or. en

Amendment 69

Isabel Serra Sánchez

Motion for a resolution

Recital F

Motion for a resolutionAmendment
F. whereas the current international financial architecture is based on the Bretton Woods Agreements of 1944, which represents an architecture that today is no longer capable of meeting the needs of the 21st century multipolar world;F. whereas the current international financial architecture is based on the Bretton Woods Agreements of 1944, which represents an architecture that today is no longer capable of meeting the needs of the 21st century multipolar world and to offer a democratic space to discuss and decide on the development finance agenda;

Or. en

Amendment 70

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Recital F a (new)

Motion for a resolutionAmendment
Fa. whereas as of today, debt crisis prevention and resolution, as well as different aspects of debt management, are decided in creditor-dominated forums, such as the G20, the IMF, the World Bank, the Paris Club and the global sovereign debt roundtable (GSDR); whereas in order to address unsustainable and illegitimate debts, all governments shall participate on an equal footing in the decision-making;

Or. en

Amendment 71

Charles Goerens

Motion for a resolution

Recital F a (new)

Motion for a resolutionAmendment
Fa. whereas an improved global financial safety net is necessary to deal with systemic risks and global financial, economic and health crises and shocks;

Or. en

Amendment 72

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Recital F b (new)

Motion for a resolutionAmendment
Fb. whereas indebted countries tend to avoid debt restructuring at all costs, i.e. to secure access to the financial market in the future; whereas in order to make external debt payments possible, governments tend to implement harsh austerity programmes, on many occasions following the IMF assessment;

Or. en

Amendment 73

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Recital F c (new)

Motion for a resolutionAmendment
Fc. whereas conditionalities imposed by IMF and multilateral development banks (MDBs) are focused on fiscal consolidation and market solutions, thus limiting public investment to advance the SDGs; whereas the ultimate consequence of austerity programmes is a deep breach of global south people’s human rights; whereas the G20 Common Framework has done little to solve those limitations, since priority is given to debt rescheduling and reprofiling;

Or. en

Amendment 74

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Recital F d (new)

Motion for a resolutionAmendment
Fd. whereas increased EU recourse to blending (i.e. to finance Public Private Partnership project in developing countries) risks leading to a debt bubble, notably in Sub-Saharan Africa with limited revenues to service their debt;

Or. en

Amendment 75

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Recital F e (new)

Motion for a resolutionAmendment
Fe. whereas tax resources remain low in proportion of GDP in most developing countries, which are confronted with social, political and administrative difficulties in establishing a sound public finance system, thereby making them particularly vulnerable to tax evasion and avoidance activities of individual taxpayers and corporations;

Or. en

Amendment 76

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Recital G

Motion for a resolutionAmendment
G. whereas globalisation, the increased prevalence and size of multinational enterprises and changes in business models have enabled base erosion and profit shifting on a significant scale; whereas international tax cooperation and rules are still insufficient to address these challenges;G. whereas the possibility of enhancing domestic resource mobilisation is further weakened by globalisation, whereby the increased prevalence and size of multinational enterprises and changes in business models have enabled base erosion and profit shifting on a significant scale; whereas, as a result, taxes on corporate profits have been declining around the world; whereas international tax cooperation and rules are still insufficient to address these challenges;

Or. en

Amendment 77

Charles Goerens

Motion for a resolution

Recital G

Motion for a resolutionAmendment
G. whereas globalisation, the increased prevalence and size of multinational enterprises and changes in business models have enabled base erosion and profit shifting on a significant scale; whereas international tax cooperation and rules are still insufficient to address these challenges;G. whereas globalisation, the increased prevalence and size of multinational enterprises and changes in business models have enabled base erosion and profit shifting on a significant scale, severely undermining domestic revenue collection, particularly in developing countries; whereas international tax cooperation and rules are still insufficient to address these challenges;

Or. en

Amendment 78

Isabel Serra Sánchez

Motion for a resolution

Recital G

Motion for a resolutionAmendment
G. whereas globalisation, the increased prevalence and size of multinational enterprises and changes in business models have enabled base erosion and profit shifting on a significant scale; whereas international tax cooperation and rules are still insufficient to address these challenges;G. whereas globalisation, the increased prevalence and size of multinational enterprises and changes in business models have enabled large-scale tax avoidance, illicit financial flows, and profit shifting, depriving developing countries of crucial resources for public investment and social development;

Or. en

Amendment 79

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital G

Motion for a resolutionAmendment
G. whereas globalisation, the increased prevalence and size of multinational enterprises and changes in business models have enabled base erosion and profit shifting on a significant scale; whereas international tax cooperation and rules are still insufficient to address these challenges;G. whereas globalisation, the increased prevalence and size of multinational enterprises and changes in business models have enabled base erosion and profit shifting on a significant scale; whereas lack of solidarity in international tax cooperation contributes to the persistent power imbalance and inability to address national and global challenges;

Or. en

Amendment 80

Niels Geuking, Lukas Mandl

Motion for a resolution

Recital G a (new)

Motion for a resolutionAmendment
Ga. whereas the recent decision by the United States to scale back USAID funding in certain regions creates a gap in development assistance; whereas the EU should assess how to strategically address critical shortfalls, particularly in sectors where stability, economic development, and humanitarian support are at risk, while ensuring a coordinated approach with international partners;

Or. en

Amendment 81

Isabel Serra Sánchez

Motion for a resolution

Recital G a (new)

Motion for a resolutionAmendment
Ga. whereas, five years from the 2030 deadline, only 17% of the SDGs are currently on track for achievement, with almost half showing minimal or moderate progress and over a third stalled or regressing;

Or. en

Amendment 82

Isabel Serra Sánchez

Motion for a resolution

Recital G b (new)

Motion for a resolutionAmendment
Gb. whereas climate change has a negative impact on global sustainable development, exacerbating biodiversity loss, breakdown of ecosystems, natural disasters and extreme weather events, and disproportionately affecting historically marginalised groups, in particular women;

Or. en

Amendment 83

Isabel Serra Sánchez

Motion for a resolution

Recital G c (new)

Motion for a resolutionAmendment
Gc. whereas development aid is increasingly being militarised, with funds originally intended for poverty eradication and social progress being diverted towards migration control, security cooperation, and geopolitical competition;

Or. en

Amendment 84

Tomasz Froelich

Motion for a resolution

Recital H

Motion for a resolutionAmendment
H. whereas illicit financial flows out of developing countries and corruption remain a very significant problem;H. whereas illicit financial flows out of developing countries and corruption remain a very significant problem; whereas according to a 2020 report of the Brookings Institution, foreign direct investment and official development assistance to sub-Saharan Africa reached nearly $ 2 trillion between 1980 and 2018, while illicit financial flows from that region reached $ 1 trillion;

Or. en

Amendment 85

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Recital H

Motion for a resolutionAmendment
H. whereas illicit financial flows out of developing countries and corruption remain a very significant problem;H. whereas illicit financial flows out of developing countries, resulting from trade mispricing and other tax avoidance tactics, as well as and corruption remain a very significant problem, as it is a major factor of over-indebtedness; whereas aggressive tax planning is contrary to the principles of Corporate Social Responsibility;

Or. en

Amendment 86

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital H

Motion for a resolutionAmendment
H. whereas illicit financial flows out of developing countries and corruption remain a very significant problem;H. whereas illicit financial flows out of low- and middle-income countries and corruption remain a very significant problem, impacting development countries' national budgets and social policy;

Or. en

Amendment 87

Charles Goerens

Motion for a resolution

Recital H

Motion for a resolutionAmendment
H. whereas illicit financial flows out of developing countries and corruption remain a very significant problem;H. whereas illicit financial flows out of developing countries and corruption remain a very significant problem, severely reducing funds available for sustainable development;

Or. en

Amendment 88

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Recital H a (new)

Motion for a resolutionAmendment
Ha. whereas the potential offered by the taxation of extractive industries to boost fiscal revenues is by and large not well exploited in developing countries due to the inadequacy of global tax rules or to difficulties in enforcing them, since transnational companies frequently resort to tax avoidance techniques. This challenge is all the more acute for low-income countries that are heavily dependent on natural resources for their economic development;

Or. en

Amendment 89

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital H a (new)

Motion for a resolutionAmendment
Ha. whereas current investment choices continue to diverge from the sustainable development goals, with vast capital flows supporting carbon-intensive industries, while funding for decarbonisation and the energy transition remains insufficient;

Or. en

Amendment 90

Charles Goerens

Motion for a resolution

Recital H a (new)

Motion for a resolutionAmendment
Ha. whereas the EIB established a new development arm on 1 January 2022 named EIB Global; whereas EIB Global is dedicated to increasing the impact of international partnerships and development finance outside the European Union;

Or. en

Amendment 91

Lukas Mandl, Niels Geuking

Motion for a resolution

Recital H a (new)

Motion for a resolutionAmendment
Ha. whereas Russian foothold in African developing countries expands, most notably in the Sahel region, fuelling anti-European propaganda and offering alternatives to European ODA through bilateral deals;

Or. en

Amendment 92

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Recital H b (new)

Motion for a resolutionAmendment
Hb. whereas the digitalisation of the economy has exacerbated existing problems relating to corporate tax avoidance and evasion, and the importance of ensuring fair and effective taxation of digital services;

Or. en

Amendment 93

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Recital H c (new)

Motion for a resolutionAmendment
Hc. whereas in October 2021, the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (IF) agreed a two-pillar solution to address the tax challenges arising from the digitalisation of the economy; whereas according to Pillar Two, multinational business will be required to pay a corporate income tax of at least 15%; whereas the agreement raised concerns in the Global South, notably because there are legal limitations for developing countries to have their fair share of Pillar Two’s revenues, while Corporate Income Tax represents a higher share of tax revenues in GDP in developing countries than in rich countries;

Or. en

Amendment 94

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Recital H d (new)

Motion for a resolutionAmendment
Hd. whereas one of the most common types of treaties used to attract foreign investments are Bilateral Investment Treaties (BITs); whereas the majority of BITs in force globally are done with developing counties; whereas many of them include provisions that will limit the host country’s ability to impose a 15% minimum tax without violating the BIT and triggering investor rights; whereas Pillar Two provides that the home country of the corporate parent will have the primary right to collect the minimum tax at the expense of developing countries; moreover, whereas the corporate’ profits are commonly not located in either the developed or developing country but in a tax haven, which enables to circumvent the rules;

Or. en

Amendment 95

Charles Goerens

Motion for a resolution

Recital I

Motion for a resolutionAmendment
I. whereas the EIB, through its development arm EIB Global, has committed to increasing the impact of international partnerships and development finance outside the European Union;I. whereas the EIB, through its development arm EIB Global, has committed to increasing the impact of international partnerships and development finance outside the European Union, presenting an opportunity for enhanced European contribution to global sustainable development;

Or. en

Amendment 96

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Recital K

Motion for a resolutionAmendment
K. whereas the EIB, through EIB Global, is committed to sustainable development, climate action and innovative investments in developing countries;K. whereas the EIB, through EIB Global, is committed to sustainable development, climate action and innovative investments in developing countries; whereas EIB’ shares of concessional climate finance has decreased from 19% in 2017 to only 2% in 2021;

Or. en

Amendment 97

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital K

Motion for a resolutionAmendment
K. whereas the EIB, through EIB Global, is committed to sustainable development, climate action and innovative investments in developing countries;K. whereas the EIB, through EIB Global, is committed to sustainable development, climate action and innovative investments in low- and middle-income countries;

Or. en

Amendment 98

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Recital K a (new)

Motion for a resolutionAmendment
Ka. whereas funding through regional multilateral development banks (MDB) provides possibilities for more equal partnerships in reform of the international financial architecture;

Or. en

Amendment 99

Tomasz Froelich

Motion for a resolution

Recital L

Motion for a resolutionAmendment
L. whereas in 2023 only five countries worldwide met or exceeded the United Nations’ target of spending 0.7 % of their national wealth on official development assistance (ODA); whereas the successful mobilisation of further capital, both private and public, in addition to ODA and other existing forms of development finance, is critical;L. whereas the successful mobilisation of further capital, both private and public, in addition to ODA and other existing forms of development finance, is critical;

Or. en

Amendment 100

Charles Goerens

Motion for a resolution

Recital L

Motion for a resolutionAmendment
L. whereas in 2023 only five countries worldwide met or exceeded the United Nations’ target of spending 0.7 % of their national wealth on official development assistance (ODA); whereas the successful mobilisation of further capital, both private and public, in addition to ODA and other existing forms of development finance, is critical;L. whereas official development assistance (ODA) is cut back in many countries, including in the EU; whereas in 2023 only five countries worldwide met or exceeded the United Nations’ target of spending 0.7 % of their national wealth on official development assistance (ODA); whereas the successful mobilisation of further capital, both private and public, in addition to ODA and other existing forms of development finance, is critical;

Or. en

Amendment 101

Waldemar Tomaszewski

Motion for a resolution

Recital L a (new)

Motion for a resolutionAmendment
La. whereas the EU is facing countless challenges in connection with the uncontrolled influx of migrants and the lack of cooperation by their countries of origin with regard to their readmission; N. whereas corruption, which disproportionately affects the most vulnerable, undermines aid effectiveness and is also one of the causes and consequences of conflicts; M. whereas the EU is facing countless challenges in connection with the uncontrolled influx of migrants and the lack of cooperation by their countries of origin with regard to their readmission; N. whereas corruption, which disproportionately affects the most vulnerable, undermines aid effectiveness and is also one of the causes and consequences of conflicts;

Or. pl

Amendment 102

Barry Andrews

Motion for a resolution

Recital L a (new)

Motion for a resolutionAmendment
La. whereas on January 20, 2025, the United States issued an Executive Order, enacting a 90-day suspension of all foreign assistance programmes, including those administered by USAID, and reaffirmed its withdrawal from the World Health Organisation (WHO) and the Paris Agreement, actions that have serious implications for humanitarian, health and climate initiatives in the Global South;

Or. en

Amendment 103

Isabel Serra Sánchez

Motion for a resolution

Recital L a (new)

Motion for a resolutionAmendment
La. whereas the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) plays a crucial role in providing essential services, including education, healthcare, and humanitarian assistance, to millions of Palestinian refugees, significantly contributing to regional stability and sustainable development;

Or. en

Amendment 104

Charles Goerens

Motion for a resolution

Recital L a (new)

Motion for a resolutionAmendment
La. whereas the fragmentation of government approaches to sustainable development financing remains a challenge, with the OECD noting that better policy coherence is needed to align tax, budgetary, and development policies;

Or. en

Amendment 105

Lukas Mandl

Motion for a resolution

Recital L a (new)

Motion for a resolutionAmendment
La. whereas the Unite States’ radical and sudden decision to cut USAID puts the EU in a decisive role in global development aid;

Or. en

Amendment 106

Waldemar Tomaszewski

Motion for a resolution

Recital L b (new)

Motion for a resolutionAmendment
Lb. whereas religious charitable organisations operate on a massive scale and reach hundreds of millions of people around the world every year; whereas according to statistics published by the Vatican for 2024, the health and charity institutions managed in the world by the Church number 102,409 and include the following: 5,420 hospitals and 14,205 dispensaries; 525 leper hospitals; 15,476 homes for the elderly, chronically ill and handicapped; 10,589 nursery schools; 10,500 marriage counselling centres; 3,141 social rehabilitation centres and 33,677 other kinds of institutes;

Or. pl

Amendment 107

Barry Andrews

Motion for a resolution

Recital L b (new)

Motion for a resolutionAmendment
Lb. whereas the decision by the Trump Administration to suspend all foreign assistance programmes for 90 days and the decision by other countries such as the UK, Belgium, Sweden, France, Germany and the Netherlands to cut their global aid budgets has placed immense pressure on the international development and humanitarian sector; stresses that the development sector is facing a major crisis and financing challenges are at the heart of the sustainable development crisis;

Or. en

Amendment 108

Isabel Serra Sánchez

Motion for a resolution

Recital L b (new)

Motion for a resolutionAmendment
Lb. whereas the financial crisis affecting UNRWA threatens access to education, healthcare, and essential services for Palestinian refugees, exacerbating humanitarian needs and instability in the region;

Or. en

Amendment 109

Waldemar Tomaszewski

Motion for a resolution

Recital L c (new)

Motion for a resolutionAmendment
Lc. whereas in view of Europe’s limited resources, the burgeoning crises beyond our borders and the unprecedented level of humanitarian need, Europe must prioritise its own actions and call on other players to become more involved in development financing;

Or. pl

Amendment 110

Waldemar Tomaszewski

Motion for a resolution

Recital L d (new)

Motion for a resolutionAmendment
Ld. whereas according to the 2024 report by the international NGO World Vision, prepared in cooperation with Ernst & Young Australia and entitled ‘Putting Children First for Sustainable Development’, only 5 % of annual official development assistance (ODA) specifically targets the welfare of children, even though children make up 46 % of the populations of aid-receiving countries;

Or. pl

Amendment 111

Waldemar Tomaszewski

Motion for a resolution

Recital L e (new)

Motion for a resolutionAmendment
Le. whereas persons with disabilities face a higher poverty risk due to reduced employment and education opportunities, lower wages and higher costs of living, and the Convention on the Rights of Persons with Disabilities explicitly highlights the significance of international development for improving the situation of persons with disabilities;

Or. pl

Amendment 112

Waldemar Tomaszewski

Motion for a resolution

Recital L f (new)

Motion for a resolutionAmendment
Lf. whereas private-sector involvement in development cooperation represents not only a source of fresh business opportunities, but also a chance to expand the scale of development activities and increase their sustainability by creating jobs, stimulating economic development and eradicating poverty;

Or. pl

Amendment 113

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph -1 (new)

Motion for a resolutionAmendment
-1. Stresses the importance for the international community to utilise the opportunities presented by FfD4 to incite structural reform of the international financial architecture to democratise international development cooperation and create equal power sharing, and to call for equitable and inclusive development cooperation policies that support gender equality;

Or. en

Amendment 114

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph -1 a (new)

Motion for a resolutionAmendment
-1a. Calls on the EU as a key multilateral actor and its Member States to increase their efforts in development cooperation, increasing their presence, to improve our Union’s global credibility as a reliable partner and strengthen partnerships based on shared values;

Or. en

Amendment 115

Waldemar Tomaszewski

Motion for a resolution

Paragraph 1

Motion for a resolutionAmendment
1. Reiterates that EU development policy must be driven by the principles and objectives set out in the UN 2030 Agenda for Sustainable Development, the Paris Agreement and the Addis Ababa Action Agenda;deleted

Or. pl

Amendment 116

Abir Al-Sahlani

Motion for a resolution

Paragraph 1

Motion for a resolutionAmendment
1. Reiterates that EU development policy must be driven by the principles and objectives set out in the UN 2030 Agenda for Sustainable Development, the Paris Agreement and the Addis Ababa Action Agenda;1. Reiterates that EU development policy must be driven by the principles and objectives set out in the UN 2030 Agenda for Sustainable Development, the Paris Agreement and the Addis Ababa Action Agenda, and apply a human right based and human centred approach, in line with article 208 of the Treaty on the functioning of the European Union, the European Consensus on Development, the EU's Action Plan on Gender Equality and Women's Empowerment in External Action 2021-2025, and international Human Rights law;

Or. en

Amendment 117

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 1

Motion for a resolutionAmendment
1. Reiterates that EU development policy must be driven by the principles and objectives set out in the UN 2030 Agenda for Sustainable Development, the Paris Agreement and the Addis Ababa Action Agenda;1. Reiterates that EU development policy must be driven by the principles and objectives set out in the UN 2030 Agenda for Sustainable Development, the Paris Agreement and the Addis Ababa Action Agenda, and must be in line with commitments under the TFEU, the European Consensus on Development, the GAP III, the YAP, and International Human Rights Law;

Or. en

Amendment 118

Marc Jongen

Motion for a resolution

Paragraph 1

Motion for a resolutionAmendment
1. Reiterates that EU development policy must be driven by the principles and objectives set out in the UN 2030 Agenda for Sustainable Development, the Paris Agreement and the Addis Ababa Action Agenda;1. Reiterates that EU development policy must be driven by the interests of the peoples of Europe to whom the institutions of the EU are solely accountable; refuses to betray the sovereign right of these European peoples in the name of vague global goals based on scientifically questionable grounds;

Or. en

Amendment 119

Tomasz Froelich

Motion for a resolution

Paragraph 1

Motion for a resolutionAmendment
1. Reiterates that EU development policy must be driven by the principles and objectives set out in the UN 2030 Agenda for Sustainable Development, the Paris Agreement and the Addis Ababa Action Agenda;1. Reiterates that EU development policy must be driven by the principles and objectives of coherence, efficiency and effectiveness and emphasises that the suitability and accuracy of the different support funds have to be assessed independently;

Or. en

Amendment 120

György Hölvényi

Motion for a resolution

Paragraph 1

Motion for a resolutionAmendment
1. Reiterates that EU development policy must be driven by the principles and objectives set out in the UN 2030 Agenda for Sustainable Development, the Paris Agreement and the Addis Ababa Action Agenda;1. Reiterates that EU development policy must be driven by shared priorities with partner countries as well as by the interest of European citizens and needs to respect international commitments and obligations;

Or. en

Amendment 121

Isabel Serra Sánchez

Motion for a resolution

Paragraph 1 a (new)

Motion for a resolutionAmendment
1 a. Considers the International Conference on Financing for Development a key opportunity to strengthen multilateralism, support systemic changes that address long-standing power imbalances, to define concrete commitments and to reinforce the EU's credibility as a development partner and reinforce the EU’s commitment to international solidarity, including ensuring sustainable and predictable funding for UNRWA and other humanitarian agencies under threat;

Or. en

Amendment 122

Charles Goerens

Motion for a resolution

Paragraph 1 a (new)

Motion for a resolutionAmendment
1a. Considers that, in view of the insufficient progress towards the SDGs, the SDG financing gap, the multitude of recent crises such as COVID-19 and climate change, the 4th Financing for Development Conference (FfD4) in Seville is an urgently needed opportunity to make substantial progress on ensuring stable financing for sustainable development worldwide;

Or. en

Amendment 123

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 1 a (new)

Motion for a resolutionAmendment
1a. Calls on the EU to take effective measures against the shrinking of civic space, and ensure civil society participation in the reform of the current structures for financing for development;

Or. en

Amendment 124

György Hölvényi

Motion for a resolution

Paragraph 1 a (new)

Motion for a resolutionAmendment
1a. Underlines that mobilisation and effective use of domestic resources, underscored by the principle of national ownership, are central to the common pursuit to reach sustainable development;

Or. en

Amendment 125

György Hölvényi

Motion for a resolution

Paragraph 1 b (new)

Motion for a resolutionAmendment
1b. Notes that domestic revenues are first and foremost generated by economic growth, considers in this context that EU financial support for partner countries cannot replace but only complement domestic efforts with the aim to catalyse economic growth, while facilitating investments in integral human development, in particular in education and job creation as tool to eradicate poverty;

Or. en

Amendment 126

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 1 b (new)

Motion for a resolutionAmendment
1b. Reiterates that EU development policy expenditure must, for at least 93%, fulfil the criteria for ODA, that at least 85% of the actions have gender equality as a principal or significant objective, and that at least 5% should have gender equality as the principal objective;

Or. en

Amendment 127

Waldemar Tomaszewski

Motion for a resolution

Paragraph 2

Motion for a resolutionAmendment
2. Emphasises the need for a comprehensive and integrated approach to development financing, as outlined in the Bridgetown Initiative, which calls for liquidity and debt sustainability issues to be addressed, development finance to be scaled up and private capital to be mobilised to achieve the SDGs;2. Emphasises the need for a comprehensive and integrated approach to development financing and the need for cooperation with like-minded partners and wealthy regional actors with a view to scaling up their contribution to development finance in order to make better use of resources and achieve more effective and results-oriented actions;

Or. pl

Amendment 128

Isabel Serra Sánchez

Motion for a resolution

Paragraph 2

Motion for a resolutionAmendment
2. Emphasises the need for a comprehensive and integrated approach to development financing, as outlined in the Bridgetown Initiative, which calls for liquidity and debt sustainability issues to be addressed, development finance to be scaled up and private capital to be mobilised to achieve the SDGs;2. Emphasises the need for a comprehensive and integrated approach to development financing, as outlined in the Bridgetown Initiative, which calls for liquidity and debt sustainability issues to be addressed as well as structural reforms, democratisation of financial institutions and debt relief, development and climate finance to be scaled up and private capital to be mobilised to achieve the SDGs;

Or. en

Amendment 129

Marc Jongen

Motion for a resolution

Paragraph 2

Motion for a resolutionAmendment
2. Emphasises the need for a comprehensive and integrated approach to development financing, as outlined in the Bridgetown Initiative, which calls for liquidity and debt sustainability issues to be addressed, development finance to be scaled up and private capital to be mobilised to achieve the SDGs;2. Advocates, in accordance with the principle of responsible and sustainable fiscal policy, against any attempts at a debt cut for countries that do not adequately control their spending;

Or. en

Amendment 130

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 2

Motion for a resolutionAmendment
2. Emphasises the need for a comprehensive and integrated approach to development financing, as outlined in the Bridgetown Initiative, which calls for liquidity and debt sustainability issues to be addressed, development finance to be scaled up and private capital to be mobilised to achieve the SDGs;2. Emphasises the need for a comprehensive, integrated and people-centred approach to development financing, in line with the Bridgetown Initiative, which calls for liquidity and debt sustainability issues to be addressed, development finance to be scaled up and increased private capital to be mobilised to achieve the SDGs;

Or. en

Amendment 131

Tomasz Froelich

Motion for a resolution

Paragraph 2

Motion for a resolutionAmendment
2. Emphasises the need for a comprehensive and integrated approach to development financing, as outlined in the Bridgetown Initiative, which calls for liquidity and debt sustainability issues to be addressed, development finance to be scaled up and private capital to be mobilised to achieve the SDGs;2. Emphasises the need for a comprehensive and integrated approach to development financing, as outlined in the Bridgetown Initiative, which calls for liquidity and debt sustainability issues to be addressed and private capital to be mobilised;

Or. en

Amendment 132

Charles Goerens

Motion for a resolution

Paragraph 2 a (new)

Motion for a resolutionAmendment
2a. Calls for the EU to lead by example in reforming the international financial architecture to better meet the needs of the 21st century, characterised by deeply integrated economies, financial markets, and growing systemic risks;

Or. en

Amendment 133

Waldemar Tomaszewski

Motion for a resolution

Paragraph 3

Motion for a resolutionAmendment
3. Urges the EU and its Member States to work towards mobilising an additional USD 500 billion per year for climate change mitigation and adaptation in developing countries, as proposed in the latest version of the Bridgetown Initiative;deleted

Or. pl

Amendment 134

Marc Jongen

Motion for a resolution

Paragraph 3

Motion for a resolutionAmendment
3. Urges the EU and its Member States to work towards mobilising an additional USD 500 billion per year for climate change mitigation and adaptation in developing countries, as proposed in the latest version of the Bridgetown Initiative;deleted

Or. en

Amendment 135

Tomasz Froelich

Motion for a resolution

Paragraph 3

Motion for a resolutionAmendment
3. Urges the EU and its Member States to work towards mobilising an additional USD 500 billion per year for climate change mitigation and adaptation in developing countries, as proposed in the latest version of the Bridgetown Initiative;deleted

Or. en

Amendment 136

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 3

Motion for a resolutionAmendment
3. Urges the EU and its Member States to work towards mobilising an additional USD 500 billion per year for climate change mitigation and adaptation in developing countries, as proposed in the latest version of the Bridgetown Initiative;3. Welcomes, as a first step, the latest version of Bridgetown Initiative in terms of climate action, which request the mobilisation of an additional USD 500 billion per year for climate change mitigation and adaptation in developing countries; reminds however that it still falls short of what is required; accordingly, urges the EU and its member states to work towards providing an additional US$ 1.3 trillion per year for climate change mitigation and adaptation as well as loss and damages, through public concessional and non-debt creating instruments, in line with the “Baku to Belem Roadmap” agreed at COP 29;

Or. en

Amendment 137

Niels Geuking, Lukas Mandl

Motion for a resolution

Paragraph 3

Motion for a resolutionAmendment
3. Urges the EU and its Member States to work towards mobilising an additional USD 500 billion per year for climate change mitigation and adaptation in developing countries, as proposed in the latest version of the Bridgetown Initiative;3. Urges the EU and its Member States to work together with their partners towards mobilising an additional USD 500 billion per year for climate change mitigation and adaptation in developing countries, as proposed in the latest version of the Bridgetown Initiative; emphasises the need for private investment to provide the necessary funds;

Or. en

Amendment 138

György Hölvényi

Motion for a resolution

Paragraph 3

Motion for a resolutionAmendment
3. Urges the EU and its Member States to work towards mobilising an additional USD 500 billion per year for climate change mitigation and adaptation in developing countries, as proposed in the latest version of the Bridgetown Initiative;3. Take notes that EU Member States only contribute to 6% of the global greenhouse gas emission and Africa accounts for only 2–3 per cent of the world's carbon dioxide emissions, urges the EU and its Member States to work towards mobilising an additional USD 500 billion per year on global level encouraging polluters to take their part in climate change mitigation and adaptation in developing countries;

Or. en

Amendment 139

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 3

Motion for a resolutionAmendment
3. Urges the EU and its Member States to work towards mobilising an additional USD 500 billion per year for climate change mitigation and adaptation in developing countries, as proposed in the latest version of the Bridgetown Initiative;3. Urges the EU and its Member States to work towards mobilising an additional USD 1.3 trillion per year for climate change mitigation and adaptation in low- and middle-income countries, as agreed upon in the Baku to Belém Roadmap at the COP29;

Or. en

Amendment 140

Isabel Serra Sánchez

Motion for a resolution

Paragraph 3 a (new)

Motion for a resolutionAmendment
3a. Calls the EU and its Member States to provide the necessary climate finance, not blindly relying on the mobilisation of private sector finance, which risks being insufficient and that could contribute to aggravating the debt crisis;

Or. en

Amendment 141

Waldemar Tomaszewski

Motion for a resolution

Paragraph 4

Motion for a resolutionAmendment
4. Calls for the establishment of specific taxes, such as a levy on the windfall profits of fossil fuel companies, financial transactions and emissions on shipping and aviation, to help finance global public goods and support sustainable development;deleted

Or. pl

Amendment 142

Tomasz Froelich

Motion for a resolution

Paragraph 4

Motion for a resolutionAmendment
4. Calls for the establishment of specific taxes, such as a levy on the windfall profits of fossil fuel companies, financial transactions and emissions on shipping and aviation, to help finance global public goods and support sustainable development;deleted

Or. en

Amendment 143

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 4

Motion for a resolutionAmendment
4. Calls for the establishment of specific taxes, such as a levy on the windfall profits of fossil fuel companies, financial transactions and emissions on shipping and aviation, to help finance global public goods and support sustainable development;4. Recalls that progressive taxation is pivotal to making progress on the ecological transition as well as on social and economic justice; stresses the need to look to new sources of financing, notably from sectors contributing the least to taxation while benefiting the most from globalisation, including those with the largest carbon and greenhouse gas emissions; in particular, calls for the establishment of specific taxes, such as a levy on the windfall profits of fossil fuel companies, financial transactions and emissions on shipping and aviation, to help finance global public goods and support sustainable development;

Or. en

Amendment 144

Niels Geuking, Lukas Mandl

Motion for a resolution

Paragraph 4

Motion for a resolutionAmendment
4. Calls for the establishment of specific taxes, such as a levy on the windfall profits of fossil fuel companies, financial transactions and emissions on shipping and aviation, to help finance global public goods and support sustainable development;4. Calls for the exploration of innovative financing mechanisms, including market-based instruments and contributions from sectors benefiting from globalisation, such as financial transactions and international transport , to help finance global public goods and support regional sustainable development;

Or. en

Amendment 145

Isabel Serra Sánchez

Motion for a resolution

Paragraph 4

Motion for a resolutionAmendment
4. Calls for the establishment of specific taxes, such as a levy on the windfall profits of fossil fuel companies, financial transactions and emissions on shipping and aviation, to help finance global public goods and support sustainable development;4. Calls for the establishment of specific taxes, such as a levy on the windfall profits of fossil fuel companies, financial transactions and emissions on shipping and aviation, to help finance global public goods, reduce inequalities within and between countries, contribute to climate objectives and support sustainable development;

Or. en

Amendment 146

György Hölvényi

Motion for a resolution

Paragraph 4

Motion for a resolutionAmendment
4. Calls for the establishment of specific taxes, such as a levy on the windfall profits of fossil fuel companies, financial transactions and emissions on shipping and aviation, to help finance global public goods and support sustainable development;4. Take notes that growth, competitiveness and productivity of the European economy is a necessary precondition for increasing ODA financing;

Or. en

Amendment 147

Marc Jongen

Motion for a resolution

Paragraph 4

Motion for a resolutionAmendment
4. Calls for the establishment of specific taxes, such as a levy on the windfall profits of fossil fuel companies, financial transactions and emissions on shipping and aviation, to help finance global public goods and support sustainable development;4. Respects the right of sovereign states to freely decide on their tax legislation according to the will of their citizens; opposes, in particular, any attempts to introduce global minimum taxes and property taxes;

Or. en

Amendment 148

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 5

Motion for a resolutionAmendment
5. Stresses the importance of policy coherence for development as a fundamental part of the EU’s contribution to achieving the SDGs;5. Stresses the importance of policy coherence for development as a fundamental part of the EU’s contribution to achieving the SDGs; including in the context of the Global Gateway, which should at all times comply with a right-based approach;

Or. en

Amendment 149

Niels Geuking, Lukas Mandl

Motion for a resolution

Paragraph 5

Motion for a resolutionAmendment
5. Stresses the importance of policy coherence for development as a fundamental part of the EU’s contribution to achieving the SDGs;5. Stresses the importance of policy coherence for development as a fundamental part of the EU’s contribution to achieving the SDGs and include legitimate concerns of developing countries impacted by European legislation, such as CSDDD;

Or. en

Amendment 150

Charles Goerens

Motion for a resolution

Paragraph 5

Motion for a resolutionAmendment
5. Stresses the importance of policy coherence for development as a fundamental part of the EU’s contribution to achieving the SDGs;5. Stresses the importance of policy coherence for development as a fundamental part of the EU’s contribution to achieving the SDGs and calls for mainstreaming development goals into all EU policies that affect developing countries;

Or. en

Amendment 151

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 5

Motion for a resolutionAmendment
5. Stresses the importance of policy coherence for development as a fundamental part of the EU’s contribution to achieving the SDGs;5. Stresses the importance of policy coherence, including gender and climate mainstreaming, for development as a fundamental part of the EU’s contribution to achieving the SDGs;

Or. en

Amendment 152

Tomasz Froelich

Motion for a resolution

Paragraph 5

Motion for a resolutionAmendment
5. Stresses the importance of policy coherence for development as a fundamental part of the EU’s contribution to achieving the SDGs;5. Stresses the importance of quality management, involving error analyses and impact assessments, for development to increase aid efficiency;

Or. en

Amendment 153

Abir Al-Sahlani

Motion for a resolution

Paragraph 5 a (new)

Motion for a resolutionAmendment
5a. Stresses the importance of supporting enabling environments for civil society engagement through development programs and ensuring their participation in decision-making processes on development aid, including ensuring an inclusive process in the Fourth International Conference on Financing for Development in Seville, supporting civil society participation and access to negotiations and information, and support their role in monitoring and following up on decisions made;

Or. en

Amendment 154

Barry Andrews

Motion for a resolution

Paragraph 5 a (new)

Motion for a resolutionAmendment
5a. Underlines that underinvestment in critical social sectors threatens progress towards meeting the SDGs and exacerbates inequalities, including gender inequality; stresses the need to close financing gaps in the provision of essential public services, including health, education, energy, water and sanitation, and building social protection systems;

Or. en

Amendment 155

Charles Goerens

Motion for a resolution

Paragraph 5 a (new)

Motion for a resolutionAmendment
5a. Recognises the primary objective of EU development policy as the reduction and, in the long term, the eradication of poverty, while also contributing to fostering sustainable economic, social, and environmental development in developing countries;

Or. en

Amendment 156

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 5 a (new)

Motion for a resolutionAmendment
5a. Stresses equally that PCD implementation is essential to address the structural causes of global south unsustainable indebtedness, rooted in unequal economic, financial and trade relations;

Or. en

Amendment 157

Barry Andrews

Motion for a resolution

Paragraph 5 b (new)

Motion for a resolutionAmendment
5b. Emphasises that the lack of sufficient investment in agrifood systems continues to aggravate food insecurity; stresses that a strategic approach that ensures better alignment and synergy among the different sources of financing, particularly in developing countries, is needed to address food insecurity and malnutrition;

Or. en

Amendment 158

Charles Goerens

Motion for a resolution

Paragraph 6

Motion for a resolutionAmendment
6. Underlines the importance of fostering stronger, more inclusive multi-stakeholder partnerships and of tailoring development partnerships to reflect the capacities and needs of partner countries;6. Underlines the importance of fostering stronger, more inclusive multi-stakeholder partnerships, fully taking into account the views and standpoints of our development partner countries, also on the regional and local level, as well as of other stakeholders such as international institutions, development banks, non-governmental and civil society organisations, or academia and think tanks, and of tailoring development partnerships to reflect the capacities and needs of partner countries, as outlined in the European Consensus on Development;

Or. en

Amendment 159

Marc Jongen

Motion for a resolution

Paragraph 6

Motion for a resolutionAmendment
6. Underlines the importance of fostering stronger, more inclusive multi-stakeholder partnerships and of tailoring development partnerships to reflect the capacities and needs of partner countries;6. Underlines the importance of fostering more transparent partnerships that should focus on democratically legitimised actors and of tailoring development partnerships to reflect the capacities and needs of partner countries;

Or. en

Amendment 160

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 6

Motion for a resolutionAmendment
6. Underlines the importance of fostering stronger, more inclusive multi-stakeholder partnerships and of tailoring development partnerships to reflect the capacities and needs of partner countries;6. Underlines the importance of fostering stronger, more inclusive multi-stakeholder partnerships and of tailoring development partnerships based on equality to reflect the capacities and needs of partner countries, and having regard to the common but differentiated responsibilities;

Or. en

Amendment 161

Lukas Mandl, Niels Geuking

Motion for a resolution

Paragraph 6 a (new)

Motion for a resolutionAmendment
6a. Emphasises the interconnectedness of development and security; underlines the pivotal role of development in preventing (armed) conflicts, ensuring sustainable resolutions to conflicts, and enhancing crisis management capabilities; stresses the necessity of further advancing a well-defined development-security nexus; notes that the absence of security and the presence of armed conflicts exacerbate pre-existing vulnerabilities in developing nations, thereby amplifying the funding gap necessary to achieve the SDGs;

Or. en

Amendment 162

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 6 a (new)

Motion for a resolutionAmendment
6a. Acknowledges that the existing financial architecture does not offer effective tools to prevent debt crises, nor does it provide options for responsible financing and debt management; stresses that the Fourth Financing for Development Conference (FfD4) in Sevilla represents a historic opportunity to reform the global debt architecture and to set up a fair and efficient multilateral debt work-out mechanism;

Or. en

Amendment 163

Waldemar Tomaszewski

Motion for a resolution

Paragraph 6 a (new)

Motion for a resolutionAmendment
6a. Underlines that an increase in development aid must be contingent on the willingness of aid-receiving countries to readmit their citizens who have attempted to enter the EU illegally, since access to EU aid funds would serve as an incentive to improve cooperation in the area of returns and readmissions and the fight against smugglers of migrants and human traffickers;

Or. pl

Amendment 164

Barry Andrews

Motion for a resolution

Paragraph 6 a (new)

Motion for a resolutionAmendment
6a. Stresses that EU should lead by example by demonstrating that development policy must be a core part of external action; points out that development partnerships should not be guided by geostrategic or economic interests but by the needs of the people in the Global South;

Or. en

Amendment 165

Isabel Serra Sánchez

Motion for a resolution

Paragraph 6 a (new)

Motion for a resolutionAmendment
6a. Stresses that the EU's international development and partnership policies, including the Global Gateway, should always ensure respect for human rights and follow a people-centred approach;

Or. en

Amendment 166

Lukas Mandl, Niels Geuking

Motion for a resolution

Paragraph 6 b (new)

Motion for a resolutionAmendment
6b. Stresses the importance of transparency, accountability, and proper oversight that all EU funding for development cooperation must be carefully managed and monitored to prevent misuse, diversion, or inefficiency, ensuring that resources are directed towards projects and initiatives that achieve the greatest positive impact in line with the SDGS;

Or. en

Amendment 167

Isabel Serra Sánchez

Motion for a resolution

Paragraph 6 b (new)

Motion for a resolutionAmendment
6b. Stressed that the EU should adopt a principled and inclusive approach to programming that prioritises global solidarity over geopolitical interests and integrates a long-term, people-centred vision into its external action, as this builds trust among global partners and enables systemic change;

Or. en

Amendment 168

Charles Goerens

Motion for a resolution

Paragraph 7

Motion for a resolutionAmendment
7. Calls for the reform of the Common Framework to ensure fair burden-sharing among all creditors, including multilateral development banks where necessary, without jeopardising their financial health, to deal in particular with problems such as enormous delays in implementing restructurings and the lack of a common understanding and enforceable rules as regards the comparability of treatment of official and private creditors;7. In view of the increasing number of low-income countries in debt distress or at high risk thereof, calls for the reform of the Common Framework to ensure fair burden-sharing among all creditors, including multilateral development banks where necessary, without jeopardising their financial health, to deal in particular with problems such as enormous delays in implementing restructurings and the lack of a common understanding and enforceable rules as regards the comparability of treatment of official and private creditors;

Or. en

Amendment 169

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 7

Motion for a resolutionAmendment
7. Calls for the reform of the Common Framework to ensure fair burden-sharing among all creditors, including multilateral development banks where necessary, without jeopardising their financial health, to deal in particular with problems such as enormous delays in implementing restructurings and the lack of a common understanding and enforceable rules as regards the comparability of treatment of official and private creditors;7. Calls for the opening of an intergovernmental process to set up a UN Framework Convention on Sovereign Debt to address responsible financing and the prevention and resolution of unsustainable and illegitimate debts, which ensure the primacy of human rights over debt service; urges the EU and its Member States to support this process, which echoes the request made by the G77 for years;

Or. en

Amendment 170

Isabel Serra Sánchez

Motion for a resolution

Paragraph 7 a (new)

Motion for a resolutionAmendment
7a. Considers that the reform of current structure of the debt should offer to countries in the Global South fair and lasting solutions to a crisis that is already having devastating effects on populations, particularly on women and the most vulnerable communities;

Or. en

Amendment 171

Isabel Serra Sánchez

Motion for a resolution

Paragraph 7 b (new)

Motion for a resolutionAmendment
7b. Calls for the establishment of an intergovernmental process towards a United Nations framework convention on sovereign debt, including a global consensus on the rules, principles and structures needed during the different interrelated stages of the debt cycle;

Or. en

Amendment 172

Marc Jongen

Motion for a resolution

Paragraph 8

Motion for a resolutionAmendment
8. Believes that, in many cases, only general debt relief, accepted by all creditors, can put a country back on a sustainable path of financing, instead of deferring debt repayments;deleted

Or. en

Amendment 173

Niels Geuking, Lukas Mandl

Motion for a resolution

Paragraph 8

Motion for a resolutionAmendment
8. Believes that, in many cases, only general debt relief, accepted by all creditors, can put a country back on a sustainable path of financing, instead of deferring debt repayments;8. Believes that, in many cases, only general debt relief, accepted by all creditors, can put a country back on a sustainable path of financing, however, only with verifiable reform measures that prevent a return to over-indebtedness; recognises that debt relief should be tied to economic reforms, transparency requirements and investment promotion measures; however, only with verifiable reform measures that prevent a return to over-indebtedness; recognises that debt relief should be tied to economic reforms, transparency requirements and investment promotion measures, which promotes the independence of these countries;

Or. en

Amendment 174

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 8

Motion for a resolutionAmendment
8. Believes that, in many cases, only general debt relief, accepted by all creditors, can put a country back on a sustainable path of financing, instead of deferring debt repayments;8. Believes that, in many cases, only general debt relief, accepted by all creditors, can put a country back on a sustainable path of financing, instead of deferring debt repayments; stresses the need to develop domestic legislation to enforce private creditor’s participation in debt restructuring deals;

Or. en

Amendment 175

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 8

Motion for a resolutionAmendment
8. Believes that, in many cases, only general debt relief, accepted by all creditors, can put a country back on a sustainable path of financing, instead of deferring debt repayments;8. Believes that, in many cases, only general debt relief and cancellation of debt, free of economic policy conditions and accepted by all creditors, can put a country back on a sustainable path of financing, instead of deferring debt repayments;

Or. en

Amendment 176

Waldemar Tomaszewski

Motion for a resolution

Paragraph 8

Motion for a resolutionAmendment
8. Believes that, in many cases, only general debt relief, accepted by all creditors, can put a country back on a sustainable path of financing, instead of deferring debt repayments;8. Believes that, in justified cases, debt relief or deferring debt repayments can help to put a country back on a sustainable path of financing;

Or. pl

Amendment 177

György Hölvényi

Motion for a resolution

Paragraph 8

Motion for a resolutionAmendment
8. Believes that, in many cases, only general debt relief, accepted by all creditors, can put a country back on a sustainable path of financing, instead of deferring debt repayments;8. Believes that, in certain cases, only general debt relief, accepted by all creditors, can put a country back on a sustainable path of financing, instead of deferring debt repayments;

Or. en

Amendment 178

Marc Jongen

Motion for a resolution

Paragraph 9

Motion for a resolutionAmendment
9. Finds, however, that any such debt relief must be accompanied by internationally agreed principles on responsible borrowing and lending, including higher transparency and accountability standards, capacity building and fighting against corruption;deleted

Or. en

Amendment 179

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 9

Motion for a resolutionAmendment
9. Finds, however, that any such debt relief must be accompanied by internationally agreed principles on responsible borrowing and lending, including higher transparency and accountability standards, capacity building and fighting against corruption;9. Advocates for a comprehensive review of approach to debt sustainability, which should not focus solely on economic considerations, but must take into consideration the impact of the debt burden on the country’s capacity to respect all human rights; accordingly, finds that debt relief must be accompanied by internationally agreed principles on responsible borrowing and lending, including higher transparency and accountability standards, capacity building and fighting against corruption; highlights that in order to be effective, responsible lending and borrowing principles need to go beyond voluntary approaches; henceforth, believes that UNCTAD principles on promoting responsible lending and borrowing should be turned into legally binding rules and enforceable instruments;

Or. en

Amendment 180

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 9

Motion for a resolutionAmendment
9. Finds, however, that any such debt relief must be accompanied by internationally agreed principles on responsible borrowing and lending, including higher transparency and accountability standards, capacity building and fighting against corruption;9. Finds, however, that any such debt relief must be accompanied by internationally agreed principles on responsible borrowing and lending, including higher transparency and accountability standards, capacity building, fighting against corruption, commitment to international human rights, civic and civil society engagement, and loan conditionalities that support the realisation of the SDGs;

Or. en

Amendment 181

Charles Goerens

Motion for a resolution

Paragraph 9

Motion for a resolutionAmendment
9. Finds, however, that any such debt relief must be accompanied by internationally agreed principles on responsible borrowing and lending, including higher transparency and accountability standards, capacity building and fighting against corruption;9. Finds, however, that any such debt relief must be accompanied by internationally agreed principles, including implementation and monitoring mechanisms, on responsible borrowing and lending, including higher transparency and accountability standards, capacity building and fighting against corruption;

Or. en

Amendment 182

Isabel Serra Sánchez

Motion for a resolution

Paragraph 9

Motion for a resolutionAmendment
9. Finds, however, that any such debt relief must be accompanied by internationally agreed principles on responsible borrowing and lending, including higher transparency and accountability standards, capacity building and fighting against corruption;9. Finds, however, that any such debt relief must be accompanied by internationally agreed binding principles on responsible borrowing and lending, including higher transparency and accountability standards, capacity building and fighting against corruption;

Or. en

Amendment 183

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 9 a (new)

Motion for a resolutionAmendment
9a. Recognises that women are often overrepresented in the public sector, and thereby disproportionally vulnerable to and impacted by budget cuts; emphasises therefore the importance of including a gender perspective in debt collection;

Or. en

Amendment 184

Charles Goerens

Motion for a resolution

Paragraph 10

Motion for a resolutionAmendment
10. Emphasises the need for enhanced international cooperation to address the changing structure of creditors in sovereign debt, with a focus on including private creditors and new bilateral creditors outside the Paris Club in debt restructuring efforts;10. Emphasises the need for enhanced international cooperation to address the changing structure of creditors, who now hold more than a quarter of the external debt stock of developing countries, and new bilateral creditors outside the Paris Club in debt restructuring efforts, particularly in jurisdictions governing significant portions of sovereign debt, such as New York and the United Kingdom;

Or. en

Amendment 185

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 10 a (new)

Motion for a resolutionAmendment
10a. Stresses the importance of increasing public and grants-based finance for climate mitigation and adaptation, and that climate finance in the form of loans risks further aggravating the debt distress of low- and middle-income countries; notes that only 50% of the EU’s total climate finance remains provided in the form of grants; urges the EU and all Member States to increase grant-based finance, particularly for adaptation, and especially for least developed countries and small island developing states;

Or. en

Amendment 186

Lukas Mandl, Niels Geuking

Motion for a resolution

Paragraph 10 a (new)

Motion for a resolutionAmendment
10a. Calls for a closer and stronger cooperation and coordination between the European Parliament, the European Commission, the EEAS and EU delegations, particularly in developing countries in fragile contexts, in order to facilitate discussions and cooperation with relevant actors on the ground in order to identify the most effective projects;

Or. en

Amendment 187

Tomasz Froelich

Motion for a resolution

Paragraph 11

Motion for a resolutionAmendment
11. Urges the G20 to develop a harmonised framework to strengthen domestic sovereign debt restructuring laws across its member countries, with the aim of facilitating more efficient and equitable debt treatment;deleted

Or. en

Amendment 188

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 11

Motion for a resolutionAmendment
11. Urges the G20 to develop a harmonised framework to strengthen domestic sovereign debt restructuring laws across its member countries, with the aim of facilitating more efficient and equitable debt treatment;11. Urges the UN Member States to develop a harmonised framework to strengthen domestic sovereign debt restructuring laws across its member countries, with the aim of facilitating more efficient and equitable debt treatment;

Or. en

Amendment 189

Isabel Serra Sánchez

Motion for a resolution

Paragraph 11

Motion for a resolutionAmendment
11. Urges the G20 to develop a harmonised framework to strengthen domestic sovereign debt restructuring laws across its member countries, with the aim of facilitating more efficient and equitable debt treatment;11. Urges UN and the G20 to develop a harmonised framework to strengthen domestic sovereign debt restructuring laws across its member countries, with the aim of facilitating more efficient and equitable debt treatment;

Or. en

Amendment 190

Isabel Serra Sánchez

Motion for a resolution

Paragraph 11 a (new)

Motion for a resolutionAmendment
11a. Stresses that debt relief is truly necessary and urgent for many countries, and becomes particularly necessary in the aftermath of extreme climate events. Therefore believes that debt relief should be unconditional and that in particular political conditionalities on fiscal consolidation and austerity should be avoided;

Or. en

Amendment 191

Charles Goerens

Motion for a resolution

Paragraph 11 a (new)

Motion for a resolutionAmendment
11a. Emphasises the need for greater policy coherence in addressing sovereign debt issues, aligning tax, budgetary, and development policies to effectively respond to cross-cutting challenges like climate change and inequality;

Or. en

Amendment 192

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 11 a (new)

Motion for a resolutionAmendment
11a. Calls on the European Union and its Member States to commit to efforts for a UN Framework Convention on Sovereign Debt to resolve and prevent unsustainable debts;

Or. en

Amendment 193

Isabel Serra Sánchez

Motion for a resolution

Paragraph 11 b (new)

Motion for a resolutionAmendment
11b. Recalls that the debt burden on developing countries has significantly increased, exacerbated by rising interest rates and economic shocks, and calls for urgent action on debt relief, restructuring, and cancellation where necessary.

Or. en

Amendment 194

Isabel Serra Sánchez

Motion for a resolution

Paragraph 11 c (new)

Motion for a resolutionAmendment
11c. Calls for the establishment of a permanent mechanism under the United Nations to address sovereign debt crises in a fair, transparent, and effective manner;

Or. en

Amendment 195

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 11 b (new)

Motion for a resolutionAmendment
11b. Calls for increase of financing power of MDBs, and the expansion of their mandates to tackle global challenges;

Or. en

Amendment 196

Waldemar Tomaszewski

Motion for a resolution

Paragraph 12

Motion for a resolutionAmendment
12. Calls for highly concessional financing of the ecological transition, in particular for mobilising more resources for the Loss and Damage Fund;deleted

Or. pl

Amendment 197

Isabel Serra Sánchez

Motion for a resolution

Paragraph 12

Motion for a resolutionAmendment
12. Calls for highly concessional financing of the ecological transition, in particular for mobilising more resources for the Loss and Damage Fund;12. Calls for a transformation of the global financial system to ensure highly concessional, non-debt-based financing of the ecological transition, prioritising direct grants over loans, and for mobilising more resources for the Loss and Damage Fund through progressive taxation of polluters, financial institutions, and transnational corporations that have historically contributed to the climate crisis;

Or. en

Amendment 198

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 12

Motion for a resolutionAmendment
12. Calls for highly concessional financing of the ecological transition, in particular for mobilising more resources for the Loss and Damage Fund;12. Calls for grants and highly concessional financing of the ecological transition, in particular for mobilising more resources for adaptation and the operationalisation of the Loss and Damage Fund; in addition, believes that all public lenders – governments, MDBs, and other official lenders, including the IMF – should include, in their contracts, state contingent clauses that are tied to climate and other economic exogenous shocks;

Or. en

Amendment 199

Charles Goerens

Motion for a resolution

Paragraph 12

Motion for a resolutionAmendment
12. Calls for highly concessional financing of the ecological transition, in particular for mobilising more resources for the Loss and Damage Fund;12. Points out that climate finance and financing for biodiversity and ecosystems especially in the most vulnerable countries is grossly inadequate; calls for highly concessional financing of the ecological transition, in particular for mobilising more resources for the Loss and Damage Fund;

Or. en

Amendment 200

Isabel Serra Sánchez

Motion for a resolution

Paragraph 12 a (new)

Motion for a resolutionAmendment
12a. Considers it necessary to guarantee new, additional, predictable funding that allows direct access to women, indigenous peoples and the most affected communities;

Or. en

Amendment 201

Isabel Serra Sánchez

Motion for a resolution

Paragraph 12 b (new)

Motion for a resolutionAmendment
12b. Urges to build democratic, inclusive, transparent and accountable institutions that are geared towards delivering sustainable development outcomes, and emphasises that this process must include a focus on governance that gives developing countries a greater voice in decision-making;

Or. en

Amendment 202

Abir Al-Sahlani

Motion for a resolution

Paragraph 13

Motion for a resolutionAmendment
13. Calls for the implementation of a rules-based, automatic quota reallocation system in the International Monetary Fund (IMF) to better reflect the changing global economic landscape and ensure fairer representation of emerging economies; in the meantime, calls for IMF special drawing rights to be rechannelled to developing countries and multilateral development bank (MDBs), and for such rights to continue to be regularly allocated;13. Calls for the implementation of a rules-based, automatic quota reallocation system in the International Monetary Fund (IMF) to better reflect the changing global economic landscape and ensure fairer representation of emerging economies and low income and least developed countries; in the meantime, calls for IMF special drawing rights to be rechannelled to developing countries and multilateral development bank (MDBs), and for such rights to continue to be regularly allocated; and underlines the need for systematic and economic governance changes to the global financial framework for sustainable development that enable global south to follow their own paths to development.

Or. en

Amendment 203

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 13

Motion for a resolutionAmendment
13. Calls for the implementation of a rules-based, automatic quota reallocation system in the International Monetary Fund (IMF) to better reflect the changing global economic landscape and ensure fairer representation of emerging economies; in the meantime, calls for IMF special drawing rights to be rechannelled to developing countries and multilateral development bank (MDBs), and for such rights to continue to be regularly allocated;13. Calls for the implementation of a rules-based, automatic quota reallocation system in the International Monetary Fund (IMF) to better reflect the changing global economic landscape and ensure fairer representation of emerging economies; welcomes the initiative of the AfDB and the IDB, calling for IMF special drawing rights to be rechannelled to low- and middle-income countries and multilateral development bank (MDBs), and for such rights to continue to be regularly allocated, in line with the principle of common but differentiated responsibilities;

Or. en

Amendment 204

Charles Goerens

Motion for a resolution

Paragraph 13

Motion for a resolutionAmendment
13. Calls for the implementation of a rules-based, automatic quota reallocation system in the International Monetary Fund (IMF) to better reflect the changing global economic landscape and ensure fairer representation of emerging economies; in the meantime, calls for IMF special drawing rights to be rechannelled to developing countries and multilateral development bank (MDBs), and for such rights to continue to be regularly allocated;13. Calls for the implementation of a rules-based, automatic quota reallocation system in the International Monetary Fund (IMF) to better reflect the changing global economic landscape and ensure fairer representation of emerging economies; in the meantime, calls for IMF special drawing rights to be rechannelled to developing countries and multilateral development bank (MDBs), in line with the Bridgetown initiative and the UN Secretary-General’s SDG Stimulus, and for such rights to continue to be regularly allocated;

Or. en

Amendment 205

Isabel Serra Sánchez

Motion for a resolution

Paragraph 13

Motion for a resolutionAmendment
13. Calls for the implementation of a rules-based, automatic quota reallocation system in the International Monetary Fund (IMF) to better reflect the changing global economic landscape and ensure fairer representation of emerging economies; in the meantime, calls for IMF special drawing rights to be rechannelled to developing countries and multilateral development bank (MDBs), and for such rights to continue to be regularly allocated;13. Calls for the implementation of a rules-based, automatic quota reallocation system in the International Monetary Fund (IMF) to better reflect the changing global economic landscape and ensure fairer representation of Low-Income and Least Developed Countries as well as emerging economies; in the meantime, calls for IMF special drawing rights to be rechannelled to developing countries and multilateral development bank (MDBs), and for such rights to continue to be regularly allocated;

Or. en

Amendment 206

Niels Geuking, Lukas Mandl

Motion for a resolution

Paragraph 14 a (new)

Motion for a resolutionAmendment
14a. Underlines that EU financing must uphold the Union’s role as the world’s leading provider of development aid and climate finance in line with the Union’s global obligations and commitments; calls for sustainable financing models that prioritise resilience, reduce fiscal dependency and support structural transformation to prevent recurrent financial distress in developing economies;

Or. en

Amendment 207

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 15

Motion for a resolutionAmendment
15. Supports the establishment of a joint committee for governance reforms in the Bretton Woods Institutions to enhance transparency, inclusivity and diversity in leadership and staff;15. Welcomes the commitment in the Zero Draft on the FfD4 Outcome to gender balance in executive boards of all international organisations; supports the establishment of a joint committee for governance reforms in the Bretton Woods Institutions to enhance transparency, inclusivity and diversity in leadership and staff;

Or. en

Amendment 208

Charles Goerens

Motion for a resolution

Paragraph 15

Motion for a resolutionAmendment
15. Supports the establishment of a joint committee for governance reforms in the Bretton Woods Institutions to enhance transparency, inclusivity and diversity in leadership and staff;15. Supports the establishment of a joint committee for governance reforms in the Bretton Woods Institutions to enhance transparency, inclusivity, such as through a fairer representation in decision-making bodies and fair access to finance, and diversity in leadership and staff;

Or. en

Amendment 209

Marc Jongen

Motion for a resolution

Paragraph 15

Motion for a resolutionAmendment
15. Supports the establishment of a joint committee for governance reforms in the Bretton Woods Institutions to enhance transparency, inclusivity and diversity in leadership and staff;15. Supports the establishment of a joint committee for governance reforms in the Bretton Woods Institutions to enhance transparency and accountability to the people in leadership and staff;

Or. en

Amendment 210

Tomasz Froelich

Motion for a resolution

Paragraph 15

Motion for a resolutionAmendment
15. Supports the establishment of a joint committee for governance reforms in the Bretton Woods Institutions to enhance transparency, inclusivity and diversity in leadership and staff;15. Supports the establishment of a joint committee for governance reforms in the Bretton Woods Institutions to enhance transparency and accountability;

Or. en

Amendment 211

Waldemar Tomaszewski

Motion for a resolution

Paragraph 15 a (new)

Motion for a resolutionAmendment
15a. Underlines that civil society organisations and smaller NGOs as well as churches and faith-based organisations are key development partners, since they work closely together with populations on the ground and are therefore better acquainted with their needs, and retain a presence after many other aid providers have withdrawn; calls for the adoption of guidelines on partnerships with churches and faith-based organisations in the area of development cooperation;

Or. pl

Amendment 212

Isabel Serra Sánchez

Motion for a resolution

Paragraph 15 a (new)

Motion for a resolutionAmendment
15a. Considers that the reform of the international financial architecture should include the regulation and supervision of credit rating agencies (CRAs) and calls for the creation of a public CRA;

Or. en

Amendment 213

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 15 a (new)

Motion for a resolutionAmendment
15a. Recalls that the regulation of the financial system is essential to advancing towards the prevention and fair resolution of debt crises;

Or. en

Amendment 214

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 15 b (new)

Motion for a resolutionAmendment
15b. Calls for stronger regulation of global commodity futures markets, which is especially important for food and fuel products, and digital financial markets; stresses equally the need to encourage appropriate finance for social and environmental objectives, while discouraging financing of high-carbon activities;

Or. en

Amendment 215

Isabel Serra Sánchez

Motion for a resolution

Paragraph 15 b (new)

Motion for a resolutionAmendment
15b. Calls for the establishment of a UN-led alternative financial architecture, based on democratic governance, debt justice, and sustainable development financing through grants rather than conditional loans;

Or. en

Amendment 216

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 16

Motion for a resolutionAmendment
16. Emphasises once more the crucial role of private finance to close the financing gap in achieving the SDGs, while recalling that private sector investment in least developed countries and in critical public services such as health, education and social protection, continues to be more difficult;16. Recognises the crucial role of private finance to close the financing gap in achieving the SDGs, but highlights, that the private sector cannot replace public investments in critical services such as health, education and social protection, that provide crucial long-term prospects to overcome poverty; calls on the EU and its Member States, in a context where ODA remains a scarce resource, to limit blending operations to those areas where they can add value to the local economy, but to exclude blending finance from essential public services, particularly health, education and social protection, as the monetisation of those sectors could widen already existing inequalities and jeopardise the universal access to those services;

Or. en

Amendment 217

György Hölvényi

Motion for a resolution

Paragraph 16

Motion for a resolutionAmendment
16. Emphasises once more the crucial role of private finance to close the financing gap in achieving the SDGs, while recalling that private sector investment in least developed countries and in critical public services such as health, education and social protection, continues to be more difficult;16. Emphasises once more the crucial role of private finance to close the financing gap in achieving the SDGs, while recalling that private sector investment in least developed countries and in critical public services such as health, education and social protection, continues to be more difficult notes that public resources are insufficient to cover the education funding gap on its own; recognises also the role of enhanced public-private partnerships (PPP), particularly in the field of technical and vocational training, in order to systematically adapt to changes in the vocational landscape through upskilling and reskilling;

Or. en

Amendment 218

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 16

Motion for a resolutionAmendment
16. Emphasises once more the crucial role of private finance to close the financing gap in achieving the SDGs, while recalling that private sector investment in least developed countries and in critical public services such as health, education and social protection, continues to be more difficult;16. Emphasises once more the crucial role of the mobilisation of private finance to close the financing gap in achieving the SDGs, while recalling that private sector investment and blended finance instruments have proven inept for financing least developed countries and fragile states, and in critical public services such as health, education and social protection, continues to be more difficult; underscores therefore the risks of reliance on private financing to tackle global development challenges;

Or. en

Amendment 219

Isabel Serra Sánchez

Motion for a resolution

Paragraph 16

Motion for a resolutionAmendment
16. Emphasises once more the crucial role of private finance to close the financing gap in achieving the SDGs, while recalling that private sector investment in least developed countries and in critical public services such as health, education and social protection, continues to be more difficult;16. Emphasises once more the crucial role of private finance to close the financing gap in achieving the SDGs, while recalling that private sector investment in least developed countries and in critical public services such as health, education and social protection, continues to be more difficult harmful, since this could open the door to privatisation of basic public services, increasing tariffs, decreasing quality and access;

Or. en

Amendment 220

Charles Goerens

Motion for a resolution

Paragraph 16

Motion for a resolutionAmendment
16. Emphasises once more the crucial role of private finance to close the financing gap in achieving the SDGs, while recalling that private sector investment in least developed countries and in critical public services such as health, education and social protection, continues to be more difficult;16. Emphasises once more the crucial role of private finance to close the financing gap in achieving the SDGs, while recalling that private sector investment in least developed countries and in critical public services such as health, education and social protection, continues to be more difficult; thus requiring special attention from international donors, governments and MDBs;

Or. en

Amendment 221

Tomasz Froelich

Motion for a resolution

Paragraph 16

Motion for a resolutionAmendment
16. Emphasises once more the crucial role of private finance to close the financing gap in achieving the SDGs, while recalling that private sector investment in least developed countries and in critical public services such as health, education and social protection, continues to be more difficult;16. Emphasises once more the crucial role of private finance in developing countries, while recalling that private sector investment in least developed countries and in critical public services such as health, education and social protection, continues to be more difficult;

Or. en

Amendment 222

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 16 a (new)

Motion for a resolutionAmendment
16a. Underlines that mobilising private capital for development, especially under the Global Gateway Strategy, may never lead to the erosion of the commitment to the sustainable development goals, notably eradicating poverty, climate change mitigation and adaptation, and gender equality, nor may it be at the expense of supporting national and local enterprises; calls for a regulatory framework for acquiring and allocating private funding;

Or. en

Amendment 223

Waldemar Tomaszewski

Motion for a resolution

Paragraph 16 a (new)

Motion for a resolutionAmendment
16a. Calls for actions aimed at facilitating private-sector involvement in development cooperation and encouraging firms to invest in less-developed countries; stresses the importance of exchanging best practices and cooperating on innovative technological solutions in response to challenges in developing countries;

Or. pl

Amendment 224

Lukas Mandl, Niels Geuking

Motion for a resolution

Paragraph 16 a (new)

Motion for a resolutionAmendment
16a. Recalls the need to promote investments in education and vocational training in order to prioritise sustainable job creation and contribute to achieving the SDGs; further notes that trade, investment and job creation are a vital part of EU engagement for development and are contributing to sustainable development;

Or. en

Amendment 225

Barry Andrews

Motion for a resolution

Paragraph 16 a (new)

Motion for a resolutionAmendment
16a. Stresses that development initiatives such as Global Gateway should at all times ensure compliance with human rights obligations and be linked to human development indicators; underlines that initiatives such as Global Gateway should not contribute to enhancing the debt crisis and to increasing inequalities;

Or. en

Amendment 226

Isabel Serra Sánchez

Motion for a resolution

Paragraph 16 a (new)

Motion for a resolutionAmendment
16a. Notes that the amount and the quality of private funding mobilised has been insufficient and that underlines that the use of private financial leverage to fill the funding gap has not met expectations, mainly due to the profit-oriented nature of private investors;

Or. en

Amendment 227

Barry Andrews

Motion for a resolution

Paragraph 16 b (new)

Motion for a resolutionAmendment
16b. Underlines the lack of transparency regarding the functioning of Global Gateway in EU partner countries and absence of clear mechanisms for assessing its impact, particularly in fragile contexts where Global Gateway may not apply; emphasises that there must be a continuous evaluation of Global Gateway to assess its effectiveness and strategic direction;

Or. en

Amendment 228

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 17

Motion for a resolutionAmendment
17. Insists that a conducive business enabling environment is essential for private investment, including through the rule of law, transparency, good governance, anti-corruption measures, investor and consumer protection, and fair competition; calls for further improved access to affordable financing for the informal sector, dominated by micro- and small businesses, often led by women;17. Insists that a conducive business enabling environment is essential for private investment, including through the rule of law, transparency, good governance, anti-corruption measures, investor and consumer protection, and fair competition; recalls that it must be compatible with human rights and the green transition; to this end, stresses the need to rebalance investors’ rights with obligations towards the host State i.e. by supporting the local economy through technology transfer and by utilising local labour and inputs, so as to ensure that FDI translates into wider socioeconomic benefits for the society; recalls the right of host countries to regulate their economies in the public interest; calls for further improved access to affordable financing for the informal sector, dominated by micro- and small businesses, often led by women;

Or. en

Amendment 229

Niels Geuking, Lukas Mandl

Motion for a resolution

Paragraph 17

Motion for a resolutionAmendment
17. Insists that a conducive business enabling environment is essential for private investment, including through the rule of law, transparency, good governance, anti-corruption measures, investor and consumer protection, and fair competition; calls for further improved access to affordable financing for the informal sector, dominated by micro- and small businesses, often led by women;17. Insists that a conducive business enabling environment is essential for private investment, including through the rule of law, transparency, good governance, anti-corruption measures, investor and consumer protection, and fair competition; calls on the European Commission to establish a mechanism that will provide a security guarantee for European investors; calls for further improved access to affordable financing for the informal sector, dominated by micro- and small businesses, often led by women; calls for scaled-up EIB guarantee programs to financially support small and medium-sized enterprises, which make an important contribution to the economic independence of developing partner countries;

Or. en

Amendment 230

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 17

Motion for a resolutionAmendment
17. Insists that a conducive business enabling environment is essential for private investment, including through the rule of law, transparency, good governance, anti-corruption measures, investor and consumer protection, and fair competition; calls for further improved access to affordable financing for the informal sector, dominated by micro- and small businesses, often led by women;17. Insists that a conducive business enabling environment is essential for private investment, including through the rule of law, transparency, good governance, anti-corruption measures, investor and consumer protection, and fair competition; calls for gender budgeting and further improved access to affordable financing for the informal sector, dominated by micro- and small businesses, often led by women;

Or. en

Amendment 231

Lukas Mandl, Niels Geuking

Motion for a resolution

Paragraph 17 a (new)

Motion for a resolutionAmendment
17a. Reminds that the security landscape is a decisive factor for investments and for sustainable development and therefore recalls that conflict prevention and resolution needs to be part of an integrated EU approach in development cooperation; welcomes in this context the role and activities of churches, women and other civil-society actors in conflict resolution and management, contributing to peace and security;

Or. en

Amendment 232

Charles Goerens

Motion for a resolution

Paragraph 17 a (new)

Motion for a resolutionAmendment
17a. Emphasises that blended public and private finance must be aligned with the SDGs, focussing on development and requiring frameworks and legislation that focus on sustainable business and finance, sustainability disclosure and transparency and the set-up of a global SDG finance taxonomy;

Or. en

Amendment 233

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 17 a (new)

Motion for a resolutionAmendment
17a. Calls on the EU to constructively engage towards the adoption of the UN Treaty on Business and Human Rights to regulate the activities of transnational corporations and other business enterprises and to allow victims to seek redress;

Or. en

Amendment 234

Lukas Mandl, Niels Geuking

Motion for a resolution

Paragraph 17 b (new)

Motion for a resolutionAmendment
17b. Emphasises the need to promote Public-Private-Partnerships and private investments, which drive economic growth and sustainable regional development;

Or. en

Amendment 235

Waldemar Tomaszewski

Motion for a resolution

Paragraph 18

Motion for a resolutionAmendment
18. Calls for the establishment of a dedicated SDG investment facilitation mechanism to identify and develop investment-ready opportunities aligned with the SDGs in least developed countries;deleted

Or. pl

Amendment 236

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 18

Motion for a resolutionAmendment
18. Calls for the establishment of a dedicated SDG investment facilitation mechanism to identify and develop investment-ready opportunities aligned with the SDGs in least developed countries;18. Calls for the establishment of a dedicated SDG investment facilitation mechanism to identify and develop investment-ready opportunities aligned with the SDGs in least developed countries; urges the EU and its Member States to prioritise allocation of grants and concessional financing based on vulnerabilities, namely in LDCs, fragile or conflict-affected countries, and to engage in coordination with relevant stakeholders including civil society actors;

Or. en

Amendment 237

Lukas Mandl, Niels Geuking

Motion for a resolution

Paragraph 18

Motion for a resolutionAmendment
18. Calls for the establishment of a dedicated SDG investment facilitation mechanism to identify and develop investment-ready opportunities aligned with the SDGs in least developed countries;18. Calls for the establishment of a dedicated SDG investment facilitation mechanism to identify and develop investment-ready opportunities aligned with the SDGs in least developed countries; recalls that SMEs play an important role in achieving the SDGs and therefore need to be encouraged and incentivised by EU policies to actively participate in initiatives contributing to sustainable development in developing countries;

Or. en

Amendment 238

Charles Goerens

Motion for a resolution

Paragraph 18

Motion for a resolutionAmendment
18. Calls for the establishment of a dedicated SDG investment facilitation mechanism to identify and develop investment-ready opportunities aligned with the SDGs in least developed countries;18. Calls for the establishment of a dedicated SDG investment facilitation mechanism to identify and develop investment-ready opportunities aligned with the SDGs in least developed countries, leveraging the UNDP SDG Investor Platform's success in identifying over 600 investment opportunity areas in emerging markets;

Or. en

Amendment 239

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 18

Motion for a resolutionAmendment
18. Calls for the establishment of a dedicated SDG investment facilitation mechanism to identify and develop investment-ready opportunities aligned with the SDGs in least developed countries;18. Calls for the establishment of a dedicated SDG investment facilitation mechanism carried by the international community to identify and develop opportunities aligned with the SDGs in least developed countries;

Or. en

Amendment 240

Tomasz Froelich

Motion for a resolution

Paragraph 18

Motion for a resolutionAmendment
18. Calls for the establishment of a dedicated SDG investment facilitation mechanism to identify and develop investment-ready opportunities aligned with the SDGs in least developed countries;18. Stresses the need of an investment facilitation mechanism to identify and develop investment-ready opportunities in least developed countries;

Or. en

Amendment 241

Isabel Serra Sánchez

Motion for a resolution

Paragraph 18 a (new)

Motion for a resolutionAmendment
18a. Expresses concern about the reliance on private sector involvement as the primary driver of economic growth in development finance and highlights the importance of strengthening public, non-profit-driven development models that place human rights, social welfare, and climate justice at the forefront;

Or. en

Amendment 242

Isabel Serra Sánchez

Motion for a resolution

Paragraph 18 b (new)

Motion for a resolutionAmendment
18b. Recalls that private investments have often been connected with increased inequalities and violations of human rights, in particular in sectors such as education and health. Notes that there is no evidence of the development benefits of blending finance, particularly in less developed countries. Stresses that grant-based public funding remains crucial for less developed countries and that the push for mobilising private capital through blending instruments is highly problematic;

Or. en

Amendment 243

Isabel Serra Sánchez

Motion for a resolution

Paragraph 18 c (new)

Motion for a resolutionAmendment
18c. Considers it necessary to guarantee prudence and transparency in the promotion and systematic use of blending and guarantees in the delivery of EU official development assistance, and calls the Commission to provide and measure the leverage effect of EU blending facilities under NDICI in line with international practices and standards, in particular of the OECD;

Or. en

Amendment 244

Niels Geuking, Lukas Mandl

Motion for a resolution

Paragraph 19

Motion for a resolutionAmendment
19. Urges the expansion of innovative financing mechanisms, such as blended finance, to mobilise private capital for SDG-aligned projects in least developed countries (LDCs), emphasising the need to double current finance flows to nature-based solutions;19. Urges the expansion of innovative financing mechanisms, such as blended finance, to mobilise private capital for SDG-aligned projects in least developed countries (LDCs) and fragile states emphasising the need to double current finance flows to nature-based solutions; reminds that a security guarantee for European investors is essential to encourage these investments;

Or. en

Amendment 245

Charles Goerens

Motion for a resolution

Paragraph 19

Motion for a resolutionAmendment
19. Urges the expansion of innovative financing mechanisms, such as blended finance, to mobilise private capital for SDG-aligned projects in least developed countries (LDCs), emphasising the need to double current finance flows to nature-based solutions;19. Urges the expansion of innovative financing mechanisms, such as blended finance, to mobilise private capital for SDG-aligned projects in least developed countries (LDCs), emphasising the need to double current finance flows to nature-based solutions from 154 billion USD to at least 384 billion USD per year by 2025, to effectively address biodiversity loss and land degradation;

Or. en

Amendment 246

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 19

Motion for a resolutionAmendment
19. Urges the expansion of innovative financing mechanisms, such as blended finance, to mobilise private capital for SDG-aligned projects in least developed countries (LDCs), emphasising the need to double current finance flows to nature-based solutions;19. Urges the expansion of innovative financing mechanisms, such as progressive green taxation, to mobilise private capital for SDG-aligned projects in least developed countries (LDCs), emphasising the need to double current finance flows to nature-based solutions to tackle biodiversity loss and ecosystem destruction and climate change;

Or. en

Amendment 247

Tomasz Froelich

Motion for a resolution

Paragraph 19

Motion for a resolutionAmendment
19. Urges the expansion of innovative financing mechanisms, such as blended finance, to mobilise private capital for SDG-aligned projects in least developed countries (LDCs), emphasising the need to double current finance flows to nature-based solutions;19. Urges the expansion of innovative financing mechanisms, such as blended finance, to mobilise private capital for projects in least developed countries (LDCs), emphasising the need of finance flows to nature-based solutions;

Or. en

Amendment 248

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 19

Motion for a resolutionAmendment
19. Urges the expansion of innovative financing mechanisms, such as blended finance, to mobilise private capital for SDG-aligned projects in least developed countries (LDCs), emphasising the need to double current finance flows to nature-based solutions;19. Urges the expansion of innovative financing mechanisms to mobilise private capital for SDG-aligned projects in least developed countries (LDCs), emphasising the need to double current finance flows to nature-based solutions;

Or. en

Amendment 249

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 19 a (new)

Motion for a resolutionAmendment
19a. Highlights the prominent role attributed to blending mechanisms in EU development policy and the financing of SDG at the expense of other aid modalities, such as budget support; stresses that while blended finance has grown rapidly, there is little evidence of its development impact, with only a small portion going to LDCs; recalls equally that blending raises concerns in terms of debt sustainability; accordingly, calls on the EU and its Member States to adopt a cautious approach to blended finance and ensure that all finance mobilised through blending meets development effectiveness principles;

Or. en

Amendment 250

Charles Goerens

Motion for a resolution

Paragraph 20

Motion for a resolutionAmendment
20. Stresses the importance of capacity building and technical assistance for LDCs to develop bankable projects and improve their investment climates;20. Stresses the importance of capacity building and technical assistance for LDCs to develop bankable projects and improve their investment climates, thereby attracting more private sector investment in critical sectors such as renewable energy, healthcare, and sustainable agriculture;

Or. en

Amendment 251

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 20

Motion for a resolutionAmendment
20. Stresses the importance of capacity building and technical assistance for LDCs to develop bankable projects and improve their investment climates;20. Stresses the importance of capacity building and technical assistance for LDCs to develop long-term viable and SDG-aligned projects, advance human development and improve investment climates;

Or. en

Amendment 252

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 21

Motion for a resolutionAmendment
21. Advocates the creation of a global risk mitigation facility to address the higher perceived risks and borrowing costs faced by developing countries;21. Advocates the creation of a global risk mitigation facility consolidated within current UN-frameworks to address the higher perceived risks and borrowing costs faced by low- and middle-income countries; calls for the regulation of the credit rating system, which currently benefits countries in the Global North disproportionately over those in the Global South, to address these higher perceived risks and borrowing costs;

Or. en

Amendment 253

Charles Goerens

Motion for a resolution

Paragraph 21

Motion for a resolutionAmendment
21. Advocates the creation of a global risk mitigation facility to address the higher perceived risks and borrowing costs faced by developing countries;21. Advocates the creation of a global risk mitigation facility to address the higher perceived risks and borrowing costs faced by developing countries, which pay on average twice as much interest on their sovereign debt compared to developed countries;

Or. en

Amendment 254

Niels Geuking, Lukas Mandl

Motion for a resolution

Paragraph 21 a (new)

Motion for a resolutionAmendment
21a. Emphasises the need for clearly defined access to development finance for local and regional governments in partner countries to ensure more balanced and transparent allocation of resources; stresses that overly centralised funding structures risk reinforcing inefficiencies and politically motivated distribution of funds; underlines that empowering local governments—many of which play a crucial role in delivering public services and fostering inclusive economic development—would enhance community-based investments, accountability, and governance reforms;

Or. en

Amendment 255

György Hölvényi

Motion for a resolution

Paragraph 21 a (new)

Motion for a resolutionAmendment
21a. Highlights that private public partnership is needed to cover the financial gap for development objectives in partner countries, further notes that private sector investments needs to serve also development of local communities, encourage in this context investments in education and vocational training;

Or. en

Amendment 256

Waldemar Tomaszewski

Motion for a resolution

Paragraph 21 a (new)

Motion for a resolutionAmendment
21a. Highlights the special challenges faced by persons with disabilities and their families in terms of accessing development aid; calls for the special needs of persons with disabilities to be taken into account in development financing;

Or. pl

Amendment 257

Lukas Mandl

Motion for a resolution

Paragraph 21 a (new)

Motion for a resolutionAmendment
21a. Notes with concern that the lack of market access resulting from connectivity issues is one of the main drivers of food insecurity in many African developing countries;

Or. en

Amendment 258

Waldemar Tomaszewski

Motion for a resolution

Paragraph 21 b (new)

Motion for a resolutionAmendment
21b. Underlines that only a fraction of ODA (12 %) currently targets children compared to their significant representation within the population of ODA-receiving countries, even though investing in children – and not just individual sectoral priorities – fosters lasting improvements to their living standards, along with their whole communities; calls for the careful consideration of financing and for cuts to red tape, which makes it harder for aid to reach the most vulnerable communities;

Or. pl

Amendment 259

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 21 a (new)

Motion for a resolutionAmendment
21a. Believes that all countries should be able to participate in global tax governance on an equal footing; to this effect, welcomes the setting-up of an intergovernmental process to adopt a UN Convention on Tax as a new global framework for international tax cooperation; in particular, takes the view that such UN Convention on Tax should be designed with a view to ensuring a fair division of taxing rights between nation states and address comprehensively tax havens, tax abuse by multinationals and other illicit financial flaws; urges the EU and its Member States to constructively engage in this process, including by endorsing the adopted Terms of Reference for the future UN Framework Convention on International Tax Cooperation;

Or. en

Amendment 260

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 22

Motion for a resolutionAmendment
22. Welcomes the two-pillar solution for addressing the tax challenges arising from the digitalisation and globalisation of the economy, but deplores that Pillar 1 on reallocation of taxing rights has still not entered into force; calls for the EU and its Member States to ensure that the agreed global minimum corporate tax rate of 15 % for multinational enterprises is effectively applied, and urges the EU to support capacity building initiatives in developing countries to effectively implement that minimum tax rate;22. Notes the two-pillar solution for addressing the tax challenges arising from the digitalisation and globalisation of the economy, but deplores that Pillar 1 on reallocation of taxing rights has still not entered into force; recalls that developing countries are subject to international agreements, private contracts, and national laws that will frequently prevent them from removing tax incentives promised to investors; further recalls that on the question of which countries can collect the minimum tax, the Pillar Two gives priority to the parent company’s home jurisdiction. For the developing country, it means both the loss of the benefit of providing the tax incentive and the Pillar Two tax revenue; calls for the EU and its Member States to ensure that the agreed global minimum corporate tax rate of 15 % for multinational enterprises is effectively applied, and urges the EU to support capacity building initiatives in developing countries to effectively implement that minimum tax rate;

Or. en

Amendment 261

Charles Goerens

Motion for a resolution

Paragraph 22

Motion for a resolutionAmendment
22. Welcomes the two-pillar solution for addressing the tax challenges arising from the digitalisation and globalisation of the economy, but deplores that Pillar 1 on reallocation of taxing rights has still not entered into force; calls for the EU and its Member States to ensure that the agreed global minimum corporate tax rate of 15 % for multinational enterprises is effectively applied, and urges the EU to support capacity building initiatives in developing countries to effectively implement that minimum tax rate;22. Welcomes the two-pillar solution for addressing the tax challenges arising from the digitalisation and globalisation of the economy, as agreed by the members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting, as a step forward, but deplores that Pillar 1 on reallocation of taxing rights has still not entered into force and calls for the acceleration of its implementation, ensuring a fair reallocation of taxing rights to market jurisdictions, particularly benefiting developing countries; calls for the EU and its Member States to ensure that the agreed global minimum corporate tax rate of 15 % for multinational enterprises is effectively applied, and urges the EU to support capacity building initiatives in developing countries to effectively implement that minimum tax rate, ensuring they can benefit from the new rules and increase their domestic resource mobilisation;

Or. en

Amendment 262

Marc Jongen

Motion for a resolution

Paragraph 22

Motion for a resolutionAmendment
22. Welcomes the two-pillar solution for addressing the tax challenges arising from the digitalisation and globalisation of the economy, but deplores that Pillar 1 on reallocation of taxing rights has still not entered into force; calls for the EU and its Member States to ensure that the agreed global minimum corporate tax rate of 15 % for multinational enterprises is effectively applied, and urges the EU to support capacity building initiatives in developing countries to effectively implement that minimum tax rate;22. Affirms that tax challenges arising from the digitalisation and globalisation of the economy must not be misused as an excuse to interfere with the right of sovereign states to determine their own legislation; rejects, in particular, any attempt to introduce global minimum taxes;

Or. en

Amendment 263

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 22

Motion for a resolutionAmendment
22. Welcomes the two-pillar solution for addressing the tax challenges arising from the digitalisation and globalisation of the economy, but deplores that Pillar 1 on reallocation of taxing rights has still not entered into force; calls for the EU and its Member States to ensure that the agreed global minimum corporate tax rate of 15 % for multinational enterprises is effectively applied, and urges the EU to support capacity building initiatives in developing countries to effectively implement that minimum tax rate;22. Welcomes the two-pillar solution for addressing the tax challenges arising from the digitalisation and globalisation of the economy, but deplores that Pillar 1 on reallocation of taxing rights has still not entered into force; calls for the EU and its Member States to ensure that the agreed global minimum corporate tax rate of 15 % for multinational enterprises is effectively applied, and urges the EU to support capacity building initiatives in low- and middle-income countries to effectively implement that minimum tax rate;

Or. en

Amendment 264

Isabel Serra Sánchez

Motion for a resolution

Paragraph 22

Motion for a resolutionAmendment
22. Welcomes the two-pillar solution for addressing the tax challenges arising from the digitalisation and globalisation of the economy, but deplores that Pillar 1 on reallocation of taxing rights has still not entered into force; calls for the EU and its Member States to ensure that the agreed global minimum corporate tax rate of 15 % for multinational enterprises is effectively applied, and urges the EU to support capacity building initiatives in developing countries to effectively implement that minimum tax rate;22. Take notes of the two-pillar solution for addressing the tax challenges arising from the digitalisation and globalisation of the economy, but deplores that Pillar 1 on reallocation of taxing rights has still not entered into force; calls for the EU and its Member States to ensure that the agreed global minimum corporate tax rate of 15 % for multinational enterprises is effectively applied, and urges the EU to support capacity building initiatives in developing countries to effectively implement that minimum tax rate;

Or. en

Amendment 265

György Hölvényi

Motion for a resolution

Paragraph 22

Motion for a resolutionAmendment
22. Welcomes the two-pillar solution for addressing the tax challenges arising from the digitalisation and globalisation of the economy, but deplores that Pillar 1 on reallocation of taxing rights has still not entered into force; calls for the EU and its Member States to ensure that the agreed global minimum corporate tax rate of 15 % for multinational enterprises is effectively applied, and urges the EU to support capacity building initiatives in developing countries to effectively implement that minimum tax rate;22. Welcomes the two-pillar solution for addressing the tax challenges arising from the digitalisation and globalisation of the economy, but deplores that Pillar 1 on reallocation of taxing rights has still not entered into force; urges the EU to support capacity building initiatives in developing countries to effectively combat illicit financial flows and implement necessary reforms to address corruption and tax evasion;

Or. en

Amendment 266

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 22 a (new)

Motion for a resolutionAmendment
22a. Stresses that the EU should play a proactive role to enable developing countries to mobilise domestic resources, in particular through enhanced tax governance. To these ends, the EU should take the lead in combatting illicit financial flows, so that all companies pay their fair share of taxes in the country of operation and ensure that investment and trade agreements are supportive to the objective of mobilisation of domestic resources, in line with the principle of Policy Coherence for Development, as enshrined in Article 208 of TFUE;

Or. en

Amendment 267

Isabel Serra Sánchez

Motion for a resolution

Paragraph 23

Motion for a resolutionAmendment
23. Advocates further assistance for developing countries and international cooperation for the purpose of strengthening tax systems, transparency and accountability in public financial management systems and of increasing domestic resource mobilisation, including through the digitalisation of tax systems and administrations;23. Advocates for a radical shift in international taxation to address the historical injustices of global wealth distribution; calls for the creation of a global progressive taxation system that ensures multinational corporations and the wealthiest individuals contribute fairly to development financing, and urges international cooperation to end tax havens and illicit financial flows that deprive the Global South of essential resources;

Or. en

Amendment 268

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 23

Motion for a resolutionAmendment
23. Advocates further assistance for developing countries and international cooperation for the purpose of strengthening tax systems, transparency and accountability in public financial management systems and of increasing domestic resource mobilisation, including through the digitalisation of tax systems and administrations;23. Advocates further assistance for low- and middle-income countries and international cooperation for the purpose of strengthening tax systems, transparency and accountability in public financial management systems and of increasing domestic resource mobilisation, including through gender budgeting, the digitalisation of tax systems and administrations;

Or. en

Amendment 269

Isabel Serra Sánchez

Motion for a resolution

Paragraph 23 a (new)

Motion for a resolutionAmendment
23a. Considers that the increase and improvement of the mobilisation of internal resources in the Global South could derive from the promotion of fair and effective international fiscal regulations and progressive tax systems;

Or. en

Amendment 270

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 23 a (new)

Motion for a resolutionAmendment
23a. Urges the international community to take concrete steps in the creation and implementation of a UN Framework Convention on International Tax Cooperation;

Or. en

Amendment 271

Isabel Serra Sánchez

Motion for a resolution

Paragraph 24

Motion for a resolutionAmendment
24. Supports the initiative of Brazil at the most recent G20 summit for a coordinated minimum tax on ultra-high net worth individuals, equal to 2 % of their wealth;24. Calls on the EU to support the establishment of a global wealth tax of at least 2% on ultra-high-net-worth individuals, to ensure fairer redistribution of global wealth and increased funding for development and climate adaptation in the Global South;

Or. en

Amendment 272

Charles Goerens

Motion for a resolution

Paragraph 24

Motion for a resolutionAmendment
24. Supports the initiative of Brazil at the most recent G20 summit for a coordinated minimum tax on ultra-high net worth individuals, equal to 2 % of their wealth;24. Supports the initiative of Brazil at the most recent G20 summit for a coordinated minimum tax on ultra-high net worth individuals, equal to 2 % of their wealth, which is estimated to raise up to 250 billion USD annually;

Or. en

Amendment 273

Marc Jongen

Motion for a resolution

Paragraph 24

Motion for a resolutionAmendment
24. Supports the initiative of Brazil at the most recent G20 summit for a coordinated minimum tax on ultra-high net worth individuals, equal to 2 % of their wealth;24. Affirms the right of every sovereign state to freely decide on its tax legislation, rejects any interference by supranational institutions aimed at undermining this right;

Or. en

Amendment 274

Niels Geuking, Lukas Mandl

Motion for a resolution

Paragraph 24

Motion for a resolutionAmendment
24. Supports the initiative of Brazil at the most recent G20 summit for a coordinated minimum tax on ultra-high net worth individuals, equal to 2 % of their wealth;24. supports the decision of G20 finance ministers to ensure that ultra-high-net-worth individuals are effectively taxed;

Or. en

Amendment 275

Tomasz Froelich

Motion for a resolution

Paragraph 24

Motion for a resolutionAmendment
24. Supports the initiative of Brazil at the most recent G20 summit for a coordinated minimum tax on ultra-high net worth individuals, equal to 2 % of their wealth;24. Notes the initiative of Brazil at the most recent G20 summit for a coordinated minimum tax on ultra-high net worth individuals, equal to 2 % of their wealth;

Or. en

Amendment 276

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 24

Motion for a resolutionAmendment
24. Supports the initiative of Brazil at the most recent G20 summit for a coordinated minimum tax on ultra-high net worth individuals, equal to 2 % of their wealth;24. Supports the initiative of Brazil at the most recent G20 summit for a coordinated minimum tax on high net worth individuals, equal to 2 % of their wealth;

Or. en

Amendment 277

Marc Jongen

Motion for a resolution

Paragraph 25

Motion for a resolutionAmendment
25. Emphasises the need to continue working on combating illicit financial flows, in particular out of developing countries, and corruption, inter alia by investing in human capacities and skills, digitalisation, building up accessible and interoperable data, strengthening governance structures, enhancing regulatory frameworks and promoting regional cooperation;25. Emphasises the need to continue working on combating illicit financial flows, in particular out of developing countries, and corruption, inter alia by investing in human capacities and skills; digitalisation; building up accessible and interoperable data; tighter control of financial flows between developed and developing countries, particularly the curbing of remittances from illegal immigrants to their countries of origin; strengthening governance structures; enhancing regulatory frameworks and promoting regional cooperation;

Or. en

Amendment 278

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 25

Motion for a resolutionAmendment
25. Emphasises the need to continue working on combating illicit financial flows, in particular out of developing countries, and corruption, inter alia by investing in human capacities and skills, digitalisation, building up accessible and interoperable data, strengthening governance structures, enhancing regulatory frameworks and promoting regional cooperation;25. Emphasises the need to continue working on combating illicit financial flows, in particular out of low- and middle-income countries, and corruption, inter alia by investing in human capacities and skills, digitalisation, building up accessible and interoperable data, strengthening governance structures, enhancing regulatory frameworks and promoting regional cooperation;

Or. en

Amendment 279

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 25 a (new)

Motion for a resolutionAmendment
25a. Recalls that the extractive sector is particularly prone to illicit outflows in Africa. Henceforth, takes the view that the review of tax treaties should aim to strengthening the bargaining position of host governments to obtain better returns from their natural resources base and stimulate diversification of their economy; in addition, believes that the Extractive Industries Transparency Initiative (EITI) should be made mandatory and extended: they should not focus only on governments but also on producing firms and commodity trading companies;

Or. en

Amendment 280

Waldemar Tomaszewski

Motion for a resolution

Paragraph 25 a (new)

Motion for a resolutionAmendment
25a. Calls for a higher level of monitoring and transparency to prevent corruption and abuse by both natural persons and organisations involved in providing aid as well as local authorities in the target regions;

Or. pl

Amendment 281

Isabel Serra Sánchez

Motion for a resolution

Paragraph 26

Motion for a resolutionAmendment
26. Advocates the creation of a global beneficial ownership registry to enhance transparency and combat tax evasion and illicit financial flows, building on existing EU initiatives in this area;26. Advocates the creation of a global beneficial ownership registry, including all assets, legal entities and legal arrangements, to enhance transparency and combat tax evasion and illicit financial flows, building on existing EU initiatives in this area;

Or. en

Amendment 282

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 26 a (new)

Motion for a resolutionAmendment
26a. Stresses that well-functioning PCD and support for Domestic Resource Mobilisation (DRM) is an integral part of sound financial management and aimed at increasing aid effectiveness through concrete initiatives, such as supporting the fight against corruption and the development of progressive tax systems;

Or. en

Amendment 283

Waldemar Tomaszewski

Motion for a resolution

Paragraph 26 a (new)

Motion for a resolutionAmendment
26a. Calls for the annual submission of precise data on individual achievements in relation to wealth creation and poverty reduction through the use of specific development funds;

Or. pl

Amendment 284

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Subheading 6

Motion for a resolutionAmendment
Official development assistance (ODA) and financing of EU external actionOfficial development assistance (ODA) and financing development cooperation

Or. en

Amendment 285

Niels Geuking, Lukas Mandl

Motion for a resolution

Paragraph 27

Motion for a resolutionAmendment
27. Emphasises that, despite the EU and its Member States remaining the largest global ODA provider, the collective ODA/gross national income ratio has declined from 0.56 % in 2022 to 0.51 % in 2023, falling well short of the 0.7 % target; calls for urgent action to address the cumulative shortfall in meeting the 0.7 % target; is alarmed by the worrying trends that further cut ODA in many Member States and in the EU budget;27. Emphasises that, despite the EU and its Member States remaining the largest global ODA provider, the collective ODA/gross national income ratio has declined from 0.56 % in 2022 to 0.51 % in 2023, falling well short of the 0.7 % target; calls for urgent action to address the cumulative shortfall in meeting the 0.7 % target; is alarmed by the worrying trends that further cut ODA in many Member States and in the EU budget; encourages Member States to increase their ODA budgets in the light of the current geopolitical situation; stresses the need to use development aid efficiently, to invest specifically in those partner countries that are of strategic and economic importance and that promote, among other things, democratic reform efforts, access to social security systems and economic self-reliance;

Or. en

Amendment 286

Tomasz Froelich

Motion for a resolution

Paragraph 27

Motion for a resolutionAmendment
27. Emphasises that, despite the EU and its Member States remaining the largest global ODA provider, the collective ODA/gross national income ratio has declined from 0.56 % in 2022 to 0.51 % in 2023, falling well short of the 0.7 % target; calls for urgent action to address the cumulative shortfall in meeting the 0.7 % target; is alarmed by the worrying trends that further cut ODA in many Member States and in the EU budget;27. Notes that in 2023, EU collective ODA reached EUR 95.9 billion, up from EUR 93.3 billion in 2022 and EUR 71.6 billion in 2021; emphasises that the 0.7 % target began life as a lobbying tool, and that stretching it to become a functional target for real aid budgets across all aid donors is a bad policy; is of the opinion that aid as a fraction of a country's income does not constitute a meaningful metric for the adequacy of financial aid flows; emphasises that it would be far better to estimate real aid needs by starting on the recipient side with a meaningful model and strategy of how aid can foster development; calls on the EU and its Member States to drop the 0.7 % aid target and calls instead for a new development strategy, aimed at improving the quality of development aid;

Or. en

Amendment 287

György Hölvényi

Motion for a resolution

Paragraph 27

Motion for a resolutionAmendment
27. Emphasises that, despite the EU and its Member States remaining the largest global ODA provider, the collective ODA/gross national income ratio has declined from 0.56 % in 2022 to 0.51 % in 2023, falling well short of the 0.7 % target; calls for urgent action to address the cumulative shortfall in meeting the 0.7 % target; is alarmed by the worrying trends that further cut ODA in many Member States and in the EU budget;27. Emphasises that, despite the EU and its Member States remaining the largest global ODA provider, the collective ODA/gross national income ratio has declined from 0.56 % in 2022 to 0.51 % in 2023, falling well short of the 0.7 % target; takes note that increased bureaucracy and other measures taken in the context of the European Green deal have a serious impact on domestic revenues in the EU; calls for urgent action to address the cumulative shortfall in meeting the 0.7 % target; is alarmed by the worrying trends that further cut ODA in many Member States and in the EU budget welcomes the efforts of those Member States especially in Central Europe, rapidly increasing their ODA contribution;

Or. en

Amendment 288

Charles Goerens

Motion for a resolution

Paragraph 27

Motion for a resolutionAmendment
27. Emphasises that, despite the EU and its Member States remaining the largest global ODA provider, the collective ODA/gross national income ratio has declined from 0.56 % in 2022 to 0.51 % in 2023, falling well short of the 0.7 % target; calls for urgent action to address the cumulative shortfall in meeting the 0.7 % target; is alarmed by the worrying trends that further cut ODA in many Member States and in the EU budget;27. Emphasises that, despite the EU and its Member States remaining the largest global ODA provider, accounting for 42% of global ODA in 2022 and 2023, the collective ODA/gross national income ratio has declined from 0.56 % in 2022 to 0.51 % in 2023, falling well short of the 0.7 % target; calls for urgent action to address the cumulative shortfall in meeting the 0.7 % target; is alarmed by the worrying trends that further cut ODA in many Member States and in the EU budget, and considers this to be contrary to the EU interest to bring stability and prosperity to other parts of the world and to prevent brain-drain and illegal migratory flows;

Or. en

Amendment 289

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 27

Motion for a resolutionAmendment
27. Emphasises that, despite the EU and its Member States remaining the largest global ODA provider, the collective ODA/gross national income ratio has declined from 0.56 % in 2022 to 0.51 % in 2023, falling well short of the 0.7 % target; calls for urgent action to address the cumulative shortfall in meeting the 0.7 % target; is alarmed by the worrying trends that further cut ODA in many Member States and in the EU budget;27. Emphasises that, despite the EU and its Member States remaining the largest global ODA provider, the collective ODA/gross national income ratio has declined from 0.56 % in 2022 to 0.51 % in 2023, falling well short of the 0.7 % target; calls for urgent action to address the cumulative shortfall in meeting the 0.7 % target; is alarmed by the worrying trends that further cut ODA in many Member States and in the EU budget, as well by other global leading donors, leading to a further increase in the global financing gap for development, and the risk of failing to meet the commitments of the 2030 Agenda for Sustainable Development;

Or. en

Amendment 290

Marc Jongen

Motion for a resolution

Paragraph 27

Motion for a resolutionAmendment
27. Emphasises that, despite the EU and its Member States remaining the largest global ODA provider, the collective ODA/gross national income ratio has declined from 0.56 % in 2022 to 0.51 % in 2023, falling well short of the 0.7 % target; calls for urgent action to address the cumulative shortfall in meeting the 0.7 % target; is alarmed by the worrying trends that further cut ODA in many Member States and in the EU budget;27. Emphasises that the EU and its Member States remain the largest global ODA provider with an ODA/gross national income ratio of 0.51 % in 2023; calls for urgent action to revise the 0.7 % target, given the tense economic situation in Europe, the still insufficient expenditure control, lack of focus on democratically legitimised actors, and the associated unresolved corruption issues in the recipient countries;

Or. en

Amendment 291

Waldemar Tomaszewski

Motion for a resolution

Paragraph 27

Motion for a resolutionAmendment
27. Emphasises that, despite the EU and its Member States remaining the largest global ODA provider, the collective ODA/gross national income ratio has declined from 0.56 % in 2022 to 0.51 % in 2023, falling well short of the 0.7 % target; calls for urgent action to address the cumulative shortfall in meeting the 0.7 % target; is alarmed by the worrying trends that further cut ODA in many Member States and in the EU budget;27. Emphasises that, despite the EU and its Member States remaining the largest global ODA provider, the collective ODA/gross national income ratio has declined from 0.56 % in 2022 to 0.51 % in 2023, falling well short of the 0.7 % target; calls for urgent action on the international stage to address the cumulative shortfall in meeting the 0.7 % target; notes that Europe cannot solve global problems alone, and that the European Union’s Member States, in view of their limited resources and burgeoning challenges, must prioritise their own actions;

Or. pl

Amendment 292

Barry Andrews

Motion for a resolution

Paragraph 27 a (new)

Motion for a resolutionAmendment
27a. Rejects the idea that the traditional donor-recipient model has become obsolete and that ODA is no longer relevant; underlines that, despite evolving financing mechanisms and partnerships, ODA remains a vital tool for poverty reduction, addressing inequalities, and supporting the most vulnerable communities, particularly in fragile countries and LDCs;

Or. en

Amendment 293

Marc Jongen

Motion for a resolution

Paragraph 28

Motion for a resolutionAmendment
28. Urges the EU and Member States to prioritise reaching the immediate target of 0.15 % ODA/gross national income for LDCs;deleted

Or. en

Amendment 294

Tomasz Froelich

Motion for a resolution

Paragraph 28

Motion for a resolutionAmendment
28. Urges the EU and Member States to prioritise reaching the immediate target of 0.15 % ODA/gross national income for LDCs;28. Notes that according to a 2020 report by the World Bank, 7.5 per cent of development aid finds its way into bank accounts in tax havens and that the greater a country's dependence on development aid, the higher the share that ends up in tax havens; notes that in the countries whose GDP ist lowest in proportion to the foreign aid they receive, the figure of development aid, finding its way into tax havens is roughly 15 %;

Or. en

Amendment 295

Charles Goerens

Motion for a resolution

Paragraph 28

Motion for a resolutionAmendment
28. Urges the EU and Member States to prioritise reaching the immediate target of 0.15 % ODA/gross national income for LDCs;28. Urges the EU and Member States to prioritise reaching the immediate target of 0.15 % ODA/gross national income for LDCs, with a view to rapidly scaling up efforts to achieve 0.20% ODA/GNI for LDCs;

Or. en

Amendment 296

Waldemar Tomaszewski

Motion for a resolution

Paragraph 28

Motion for a resolutionAmendment
28. Urges the EU and Member States to prioritise reaching the immediate target of 0.15 % ODA/gross national income for LDCs;28. Urges the EU to mobilise other international players to increase their development financing;

Or. pl

Amendment 297

Abir Al-Sahlani

Motion for a resolution

Paragraph 28

Motion for a resolutionAmendment
28. Urges the EU and Member States to prioritise reaching the immediate target of 0.15 % ODA/gross national income for LDCs;28. Urges the EU and Member States to prioritise reaching the immediate target of 0.15 % ODA/gross national income for LDCs, with an aim at making progress to reach the 0.2% target;

Or. en

Amendment 298

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 28

Motion for a resolutionAmendment
28. Urges the EU and Member States to prioritise reaching the immediate target of 0.15 % ODA/gross national income for LDCs;28. Urges the EU and Member States to prioritise reaching the immediate target of 0.2 % ODA/gross national income for LDC, and take concrete actions to fulfil this commitment;

Or. en

Amendment 299

György Hölvényi

Motion for a resolution

Paragraph 28 a (new)

Motion for a resolutionAmendment
28a. Believes that shortcoming of development financing is not only rooted in the lack of sufficient funding, but more prominently in the poor efficiency of implementation of funding, notes in this context with particular concern the scarcity of data available of use of EU financing in indirect management by international organisations;

Or. en

Amendment 300

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 28 a (new)

Motion for a resolutionAmendment
28a. Urges the European Commission to increase efforts in implementing objectives for financing for development under the GAP III, namely that 85% of all new actions integrate a gender perspective and support gender equality;

Or. en

Amendment 301

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 28 b (new)

Motion for a resolutionAmendment
28b. Regrettably, notes that women’s rights organisations receive less than one percent of global ODA and SDG5 persists to be among the least-funded SDGs, while improvement on SDG5 proves a cross-cutting driver for sustainable development; reiterates that women-led organisations are often best adept to respond to humanitarian crises; calls on the international community to set ambitious targets for funding to women’s rights organisations;

Or. en

Amendment 302

Marc Jongen

Motion for a resolution

Paragraph 29

Motion for a resolutionAmendment
29. Expresses concern over the increasing trend of tied aid, which reached EUR 4.4 billion (6.5 % of total bilateral ODA) in 2022, and calls for measures to reverse this trend;deleted

Or. en

Amendment 303

György Hölvényi

Motion for a resolution

Paragraph 29

Motion for a resolutionAmendment
29. Expresses concern over the increasing trend of tied aid, which reached EUR 4.4 billion (6.5 % of total bilateral ODA) in 2022, and calls for measures to reverse this trend;29. Takes note of the increasing trend of tied aid, which reached EUR 4.4 billion (6.5 % of total bilateral ODA) in 2022, furhter notes that tied aid programmes are initiated in agreement with partner countries and calls for measures to ensure that tied aid is in line with national development plans of partner countries;

Or. en

Amendment 304

Charles Goerens

Motion for a resolution

Paragraph 29

Motion for a resolutionAmendment
29. Expresses concern over the increasing trend of tied aid, which reached EUR 4.4 billion (6.5 % of total bilateral ODA) in 2022, and calls for measures to reverse this trend;29. Expresses concern over the increasing trend of tied aid, which reached EUR 4.4 billion (6.5 % of total bilateral ODA) in 2022, and calls for measures to reverse this trend and ensure that ODA primarily benefits partner countries rather than donor economies;

Or. en

Amendment 305

Isabella Lövin, Erik Marquardt

on behalf of the Greens/EFA Group

Motion for a resolution

Paragraph 29

Motion for a resolutionAmendment
29. Expresses concern over the increasing trend of tied aid, which reached EUR 4.4 billion (6.5 % of total bilateral ODA) in 2022, and calls for measures to reverse this trend;29. Expresses concern over the increasing trend of tied aid, which reached EUR 4.4 billion (6.5 % of total bilateral ODA) in 2022, and calls for measures to reverse this trend, notably by enhancing the delivery of aid through budget support;

Or. en

Amendment 306

Tomasz Froelich

Motion for a resolution

Paragraph 29

Motion for a resolutionAmendment
29. Expresses concern over the increasing trend of tied aid, which reached EUR 4.4 billion (6.5 % of total bilateral ODA) in 2022, and calls for measures to reverse this trend;29. Notes the increasing trend of tied aid, which reached EUR 4.4 billion (6.5 % of total bilateral ODA) in 2022;

Or. en

Amendment 307

Niels Geuking, Lukas Mandl

Motion for a resolution

Paragraph 29

Motion for a resolutionAmendment
29. Expresses concern over the increasing trend of tied aid, which reached EUR 4.4 billion (6.5 % of total bilateral ODA) in 2022, and calls for measures to reverse this trend;29. Expresses concern over the increasing trend of tied aid, which reached EUR 4.4 billion (6.5 % of total bilateral ODA) in 2022;

Or. en

Amendment 308

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 29

Motion for a resolutionAmendment
29. Expresses concern over the increasing trend of tied aid, which reached EUR 4.4 billion (6.5 % of total bilateral ODA) in 2022, and calls for measures to reverse this trend;29. Expresses concern over the increasing trend of tied aid, which reached EUR 4.4 billion (6.5 % of total bilateral ODA) in 2022, and calls for direct measures to reverse this trend;

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Amendment 309

Isabel Serra Sánchez

Motion for a resolution

Paragraph 29 a (new)

Motion for a resolutionAmendment
29a. Calls on EU and Member States to allocate 20% of their official ODA to gender equality and the empowerment of women and girls as the principal objective and to fully implement GAP III, including the provision that 85% of all new actions throughout external relations will contribute to gender equality and women's empowerment by 2025;

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Amendment 310

Isabel Serra Sánchez

Motion for a resolution

Paragraph 29 b (new)

Motion for a resolutionAmendment
29b. Calls on EU and Member States to devote 15 % of their official development assistance (ODA) to education by 2030;

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Amendment 311

Isabel Serra Sánchez

Motion for a resolution

Paragraph 29 c (new)

Motion for a resolutionAmendment
29c. Calls on the EU and Member States to ensure that official development assistance (ODA) includes long-term, sustainable funding for UNRWA, guaranteeing access to essential services for Palestinian refugees and preventing further humanitarian crises;

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Amendment 312

Isabel Serra Sánchez

Motion for a resolution

Paragraph 29 d (new)

Motion for a resolutionAmendment
29d. Emphasizes that education must remain a central pillar of EU development assistance, including continued support for UNRWA schools, which provide education to over 500,000 Palestinian children, ensuring their right to quality education despite ongoing displacement and conflict;

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Amendment 313

Isabel Serra Sánchez

Motion for a resolution

Paragraph 30

Motion for a resolutionAmendment
30. Stresses the need for a comprehensive approach to development financing, aligning the Neighbourhood, Development and International Cooperation Instrument – Global Europe with the SDGs and the Paris Agreement;30. “Stresses the need for a comprehensive and decolonial approach to development financing, ensuring that the Neighbourhood, Development and International Cooperation Instrument – Global Europe prioritises human rights, gender equality, Indigenous rights, and ecological sustainability over geopolitical and corporate interests. Calls for an immediate halt to the use of development funds for security cooperation, migration control, and militarisation.”

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Amendment 314

Tomasz Froelich

Motion for a resolution

Paragraph 30

Motion for a resolutionAmendment
30. Stresses the need for a comprehensive approach to development financing, aligning the Neighbourhood, Development and International Cooperation Instrument – Global Europe with the SDGs and the Paris Agreement;30. Welcomes the new strategy for Sweden's global development cooperation on migration, returns and voluntary repatriation 2024-2028; calls on the EU and its Member States to follow the Swedish example and make development aid conditional, ensuring that recipient countries cooperate regarding readmission of their nationals, including the removal of impediments to enforcement such as not issuing travel documents;

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Amendment 315

Charles Goerens

Motion for a resolution

Paragraph 30

Motion for a resolutionAmendment
30. Stresses the need for a comprehensive approach to development financing, aligning the Neighbourhood, Development and International Cooperation Instrument – Global Europe with the SDGs and the Paris Agreement;30. Stresses the need for a comprehensive approach to development financing, aligning the Neighbourhood, Development and International Cooperation Instrument – Global Europe with the SDGs and the Paris Agreement, while ensuring that the allocation of EUR 79.5 billion for 2021-2027 is used effectively to address global challenges;

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Amendment 316

Udo Bullmann, Robert Biedroń, Christophe Clergeau, Carla Tavares, Leire Pajín

on behalf of the Committee on Development

Marit Maij, Murielle Laurent

Motion for a resolution

Paragraph 30

Motion for a resolutionAmendment
30. Stresses the need for a comprehensive approach to development financing, aligning the Neighbourhood, Development and International Cooperation Instrument – Global Europe with the SDGs and the Paris Agreement;30. Stresses the need for a comprehensive approach to development financing, aligning the Neighbourhood, Development and International Cooperation Instrument – Global Europe with the SDGs and the Paris Agreement; urges the creation of a system for Parliamentary oversight of NDICI-capital flows to ensure their alignment with the dedicated targets for development;

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Amendment 317

Marc Jongen

Motion for a resolution

Paragraph 30

Motion for a resolutionAmendment
30. Stresses the need for a comprehensive approach to development financing, aligning the Neighbourhood, Development and International Cooperation Instrument – Global Europe with the SDGs and the Paris Agreement;30. Stresses the need for a comprehensive approach to development financing, based on the interests and economic capabilities of European taxpayers;

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Amendment 318

Waldemar Tomaszewski

Motion for a resolution

Paragraph 30

Motion for a resolutionAmendment
30. Stresses the need for a comprehensive approach to development financing, aligning the Neighbourhood, Development and International Cooperation Instrument – Global Europe with the SDGs and the Paris Agreement;30. Stresses the need for a comprehensive approach to development financing and effective use of the Neighbourhood, Development and International Cooperation Instrument – Global Europe that is adapted to current needs;

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Amendment 319

György Hölvényi

Motion for a resolution

Paragraph 30 a (new)

Motion for a resolutionAmendment
30a. Insists that more transparency on EU’s development financing is urgently needed, calls on the Commission to ensure that the European Parliament receives timely information regarding the mobilisation of funds under the Neighbourhood, Development and International Cooperation Instrument – Global Europe in order to ensure financial transparency and proper scrutiny, further urges the Commission to share all relevant information on financial mobilisations under the Global Gateway Initiative in a transparent accessible manner, presenting in particular the objectives and impact of these initiatives;

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Amendment 320

Abir Al-Sahlani

Motion for a resolution

Paragraph 30 a (new)

Motion for a resolutionAmendment
30 a. Underlines the severe impact of cuts in development aid by the US, and European donors will have on gender equality and women's rights; urges EU and Member States to allocate 20% of their official ODA to gender equality and the empowerment of women and girls as the principal objective, including in conflict affected countries and fragile contexts, and for the EU to increase its funding to sexual and reproductive health and rights programs, and to implement Gender Action Plan III to ensure 85% of all new actions should contribute to gender equality and women's empowerment by 2025;

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Amendment 321

Barry Andrews

Motion for a resolution

Paragraph 30 a (new)

Motion for a resolutionAmendment
30a. Reiterates the urgent need to rethink and reform global governance of international development cooperation given the suspension of USAID and reductions in global aid by countries such as the UK, Netherlands, Belgium etc.; stresses that reform to the international financial architecture must be underpinned by a commitment to multilateralism and fit for a more crisis-prone world;

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Amendment 322

Abir Al-Sahlani

Motion for a resolution

Paragraph 30 b (new)

Motion for a resolutionAmendment
30b. Reaffirms the importance of multilateralism, and the underlines the crucial role the United Nations play and the need to leverage and strengthening its convening role to strengthen dialogue, coherence and norm-setting in international development cooperation;

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Amendment 323

Charles Goerens

Motion for a resolution

Paragraph 31

Motion for a resolutionAmendment
31. Instructs its President to forward this resolution to the Council and the Commission.31. Instructs its President to forward this resolution to the Council and the Commission, the European Investment Bank and the United Nations.

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