The Development Cooperation Fund in 2022

Estab­lished by the amend­ed law of 6 Jan­u­ary 1996 on devel­op­ment coop­er­a­tion and human­i­tar­i­an action, the Devel­op­ment Coop­er­a­tion Fund (DCF) is an instru­ment enabling the Min­istry of For­eign and Euro­pean Affairs to car­ry out devel­op­ment pro­grammes and projects extend­ing over sev­er­al years.

The state bud­get pro­vid­ed the DCF with EUR338.12 mil­lion in 2022; added to which are the assets avail­able on 1 Jan­u­ary, i.e EUR15.99 mil­lion, as well as rev­enue dur­ing the year (EUR1 043249.59). Rev­enue includes repay­ments by NGOs and agen­cies of undis­bursed funds from projects co-fund­ed by the Min­istry. EUR4.3 mil­lion was also rout­ed through the DCF between Denmark’s devel­op­ment coop­er­a­tion and LuxDev as del­e­gat­ed cooperation.

In 2022, a total of EUR335.06 mil­lion was dis­bursed through the DCF. LuxDev, as the state’s prin­ci­pal agent respon­si­ble for the imple­men­ta­tion of projects and pro­grammes falling under the head­ing of gov­ern­men­tal bilat­er­al coop­er­a­tion, ben­e­fit­ed from the major­i­ty of this amount, i.e. EUR124 mil­lion (36.91%). Human­i­tar­i­an aid was cred­it­ed with EUR86.29 mil­lion (25.75%). Next come mul­ti­lat­er­al organ­i­sa­tions and agen­cies (14.70%) and non-gov­ern­men­tal devel­op­ment organ­i­sa­tions, which received EUR42.04 mil­lion (12.55%) as part of the co-financ­ing of their projects and pro­grammes and to cov­er some of their admin­is­tra­tive costs. The bal­ance was account­ed for by projects imple­ment­ed by the Min­istry direct­ly with oth­er part­ners (8.90%) and pro­gramme sup­port (1.19%).