EU Development Policy
Development is at the heart of the EU’s external action, along with its foreign, security and trade policies. Increasing the impact of EU Development Policy: an Agenda for Change (2011) sets out a strategic EU approach to reducing poverty, including a more targeted allocation of funding.
The Agenda for Change is based on the European Consensus on Development (2005), whereby EU Member States, the Council, the European Parliament and the European Commission agreed to a common EU vision of development.
The EU recognizes that some of its policies can have a significant impact outside of the EU and that either contributes to or undermines its development policy. With the Policy Coherence for Development (2005), EU seeks to minimise contradictions and to build synergies between policies other than development cooperation that have an impact on developing countries.
EU Division of Labour
The EU Code of Conduct on Division of labour in Development Policy (2007) presents a set of concrete measures to enhance complementarity and division of labour amongst EU donors. EU Toolkit for the implementation of complementarity and division of labour in development policy (2009) provides guidance on elements that are common to Member States and the Commission. It aims to facilitate the complementarity and division of labour process, with a view to complying
with international commitments and the general principles in the EU Code of Conduct.
EU Budget Support
Budget support is an important instrument in EU's comprehensive development policy towards partner countries. EU Policy on adapting budget support to the changing environment and to improve its impact and value for money for achieving development results: The Future Approach to EU Budget Support to Third Countries.