Council of the European Union and European Parliament 11 March 2014, Regulation (EU) No 233/2014 of the European Parliament and of the Council of 11 March 2014 establishing a financing instrument for development cooperation for the period 2014-2020

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Regulation (EU) No 233/2014 establishes the Development Cooperation Instrument (DCI) for the 2014-2020 period to support the Union's external development policy, primarily focusing on poverty eradication and sustainable economic, social, and environmental development. The instrument is implemented through geographic, thematic, and Pan-African programmes, mandating specific financial allocations for basic social services and climate-related objectives while adhering to the principle of differentiation among partner countries. It defines eligibility criteria based on Official Development Assistance (ODA) standards and confers delegated powers to the Commission for updating cooperation areas and financial allocations.AI