Draft Evaluation Report on External Financing Instruments – 11th European Development Fund (EDF), download from https://ec.europa.eu/europeaid/draft-evaluation-report-external-financing-instruments-11th-european-development-fund-edf_en
A Consortium led by DAI carried out an external performance review of the European Development Fund (EDF). It examines the fitness for purpose of EDF11 as an instrument for development cooperation. The EDF focuses on economic, social and human development as well as regional cooperation and integration and is one of nine External Financing Instruments (EFIs) of the European Union (EU). The draft is published for consultations.
Summary of main conclusions
The EDF faces pressure to tackle an increasing number of demands, some of which can be difficult to align with the EDF’s core values/founding principles of “poverty eradication” and “partnership” with ACP countries. There is a tension between what the EDF was designed to do and what it is expected to do today – with the EDF being asked to deliver on several…
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