Changes to Luxembourg’s ODA
At the Earth Summit in Rio de Janeiro in June 1992, Prime Minister Jacques Santer formally announced Luxembourg’s desire “to provide 0.7% of GNI by 2000”. This objective was then confirmed and in 1999, during the formation of the government, it was decided to set the rate of 0.7% as an objective to be reached by 2000, then to increase this aid “with a view to reaching 1% at the end of this government’s term”.
The target of 0.7% of GNI was achieved as planned in 2000 and that commitment was confirmed in subsequent years, with ODA never falling below that threshold. In 2009, Luxembourg’s official aid exceeded the threshold of 1% of GNI for the first time.
This objective is still current, although in some years the ODA/GNI ratio has varied slightly, at close to 1%, due to reassessments of GNI during the year.