gross national investment | GNI [Abbr.]

gross national investment

gross domestic investment-% of GDP

gross physical investment

gross national income | GNI | GNY

For the period 2007-2013, the Commission has proposed in the financial perspectives to allocate a sum equivalent to 0.41% of the GNI of the EU-27 (which equates to 0.46% before the transfers to the proposed single rural and fisheries instruments) in support of the three priorities of the reformed cohesion policy.

9. Insists that without comprehensive and substantial means, such global action will not be successful; underlines that addressing new and chronic disasters and vulnerabilities requires avoidance of parallel systems, a broadening of the funding base, long-term predictable investments, and compliance with the new sustainable development agenda, notably by promoting joint risk and needs assessment, planning and financing among humanitarian, development and climate change actors; underlines that an increased complementarity between humanitarian and development aid is needed in order to address effectiveness and the humanitarian financing ...[+++]gaps, and should go hand in hand with increased development aid and humanitarian funding; recalls, in this context, the longstanding international commitment to reach the target of 0,7 % of GNI;

9. Stresses that official development assistance remains a key instrument for financing development and urges the EU and its Member States to re-commit to the 0.7 % GNI (Gross National Income) target; highlights, furthermore, the potential of private investment – if properly regulated, in view of its contribution to development – and the relevance of innovative financial instruments for leveraging such additional resources; recalls that public aid alone is far from sufficient to cover all investment needs in developing countries; t ...[+++]herefore insists on the leverage role of blending and public-private partnerships (PPP) as a means to enhance the impact of development assistance, to attract private finance and to support local businesses; stresses, however, that blended finance must not replace state responsibility for delivering on social needs and should be guided by development effectiveness principles; encourages public-private partnerships, in particular in the field of research related to the Innovative Medicines Initiative such as the Ebola+ programme;

122. Underlines the fact that the tight 2014-2020 ceilings in payments remain a crucial problem for the EU budget, having negative effects on economic recovery given that late payments are harmful primarily to direct beneficiaries; recalls the need to ensure, in the light of implementation, the timely, and orderly progression of payments so as to concomitantly deliver on both the payments stemming from past commitments and those resulting from prefinancing to promptly launch the new programmes, and to avoid any abnormal shift of outstanding commitments (RALs) onto the 2015 budget; urges, in this connection, the Council to adopt in full draft amending budget Nos 3/2014, as submitted by the Commission, in order for the EU budget to have maximum impact in ...[+++] terms of investment on the ground; points out that if draft amending budgets Nos 2, 3 and 4 are adopted unamended, this would result in an overall budgetary impact of just EUR 106 million in additional gross national income (GNI) contributions, which have to be made available by the Member States in order to ensure a sufficient level of payment appropriations in 2014 to cover the Union’s existing legal obligations; highlights its determination to continue monitoring the overall situation as regards payments and RALs and to make full use of all means of flexibility enshrined in the MFF regulation and the related interinstitutional agreement; underlines the fact that the question of the recurrent EU budget payment crisis will have to be addressed in a sustainable manner at the occasion of the post-electoral revision of the MFF 2014-2020, due to be launched as soon as possible by the next Commission, which is to assume office on 1 November 2014;