The Contribution of Donors

The EU is one of the world’s leading aid and development donors. For the 2014-20 budget EU Development Commissioner Andris Piebalgs is seeking a total of €51bn in aid funding (at 2011 prices).

This is an increase on the €40.5bn from the last seven-year period. This proposed budget is necessary for the EU to meet its commitment to the UN target of 0.7% of gross national income to be spent on aid.

Addressing the effects of climate change is a key priority for the EU in the Pacific and its co-hosting of the Summit is in line with the objectives of the EU-Pacific development partnership.

The New Zealand Government's international aid and development programme aims to support sustainable development in developing countries in order to reduce poverty and contribute to a more secure, equitable and prosperous world. It has a geographic focus on the New Zealand's own region, the Pacific.

The European Union and New Zealand share a strong historical, cultural, economic and political relationship that has grown and developed over many decades and are pleased to be working together to facilitate investment in renewable energy in the Pacific.