By Cian Molloy - 01 March, 2019
Overseas development aid spending by the Irish government needs to increase by €115 million a year if it is to reach the UN spending target of 0.7 per cent of Gross National Income by 2030.
The Irish government’s spending on overseas development aid is currently “way off track”, says Trócaire CEO, Caoimhe de Barra, who has welcomed news that Ireland has recommitted to meeting UN development aid spending targets.
Following publication of the government’s new international development aid policy, the head of the Catholic aid agency said that the policy’s focus on four main areas – gender equality, reducing humanitarian need, climate action and strengthening government – sat well with Trócaire’s own mission priorities.
“This new policy puts a welcome focus on the key issues Trócaire works on around the world,” said de Barra. “The key focuses reflect the major challenges facing the world’s poorest people.”
At present, Ireland spends 0.31 per cent of its gross national income (GNI) on overseas aid, less than half the UN target of 0.7 per cent.
Yesterday (Thursday), at the launch of the new policy, An Taoiseach, Leo Varadkar, committed Ireland to hitting the UN target by 2030.
There are good reasons in Ireland’s self-interest for complying with UN good practice on overseas development, An Tánaiste, Simon Coveney, revealed in July last year when he was launching a public consultation in advance of formulating the new aid policy. He said then: “This new international development policy is an integral part of the deepening of Ireland’s global influence. Our development programme last year reached over 120 countries: it is recognised as one of the best in the world. Its good reputation opens doors for Ireland across the world, not least at the United Nations in New York, where the world comes together to discuss global problems and – we hope – agree global solutions. We need to build on this reputation.”
At present, Ireland’s overseas aid budget amounts to €817m a year – to hit the UN target it’s reckoned it will need to increase by €115m a year between now and 2030.