European Development Fund (EDF)

Fonds européen de développement (FED)
Fondo Europeo de Desarrollo (FED)
Europäische Entwicklungsfond (EEF)
Fundo Europeu de Desenvolvimento (FED)
Fondo Europeo de Sviluppo (FES)
Europees Ontwikkelingsfonds (EOF)
Europaeiske Udviklingsfonds (EUF)

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Contact Details

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History

1957, Brussels (Belgium), under provisions of the Treaty on the Functioning of the European Union (TFEU) within the framework of associations with its Association of Overseas Countries and Territories of the European Union (OCTA) for a period of 5 years, and within the framework of European Union (EU); these provisions were renewed under the Yaoundé Conventions, the first signed 20 July 1963 and entered into force 1 July 1964, the second signed 29 July 1969 and expired 31 Jan 1975. The Yaoundé Convention set up 'Associated States of Africa and Madagascar (ASAM) -- Etats africains et malgache associés au Marché Commun', subsequently Association of the European Economic Community and the African and Malagasy States (EAMA). Provisions of the Yaoundé Conventions were extended to all member countries of African, Caribbean and Pacific Group of States (ACP Group) by the signing of ACP-EEC Convention (Lomé convention), 28 Feb 1975. Second ACP-EEC Convention (Lomé II), signed 31 Oct 1979. Third ACP-EEC Convention (Lomé III), signed 8 Dec 1984 and entered into force in Mar 1985. The Fourth ACP-EEC Convention (Lomé IV), was signed 15 Dec 1989 and came into force 1 Mar 1990, for 10 years, but the related (7th) EDF remained funded for only 5 years. The convention was amended on 4 Nov 1995, Mauritius, and adjusted to the new treaty establishing the European Community and the European Union. The Lomé Convention was replaced by the ACP-EU Partnership Agreement (Cotonou agreement), signed 23 June 2000 for a period of 20 years, and revised, 25 June 2005 and 4 Nov 2010. The association agreement with the remaining OCTs was renewed on 27 Nov 2001 for a period until 2011, with agreement amended on 19 Mar 2007. Previous - 9th - EDF, supplemented by the transferred balances from the previous EDFs, covered the period 2000-2007. Current 10th EDF covers 2008-2013. The EDF is set up as an intergovernmental fund, replaced every 5 years, and administered by the European Commission (EC) or, for the investment facility which includes interest subsidies and a revolving fund for risk capital and loans. The European Council of 15-16 Dec 2005 decided on a 10th EDF, which will be aligned on the financial perspectives of European Communities (EC) and will cover the 6-year period 2008-2013. As of Jan 2011, EDF serves as one of 3 geographical instruments for the DG Development and Cooperation - EuropeAid. 11th EDF (2014-2020) created by intergovernmental agreement, signed June 2013 and entered into force 1 Mar 2015.

Aims

Provide aid for 79 African, Caribbean and Pacific (ACP) partner countries of the Union and for the Overseas Countries and Territories of Member States; stimulate economic development, social and human development, regional cooperation and integration.

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Activities

Financial and/or material support.

Structure

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Financing

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Relations with Inter-Governmental Organizations

Relations with 39 inter-governmental organizations.
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Relations with Non-Governmental Organizations

Relations with 21 non-governmental organizations.
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Members

Members in 0 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Commerce
    • Funds
  • Development
    • Development

UN Sustainable Development Goals **

UIA Org ID

F4360

Last News Received

2018
* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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