Seán Sherlock wants private sector to deliver on climate and aid

If the pledge by European development ministers earlier this year to increase their country’s overseas aid to 0.7% of national income annually by 2030 sounded familiar, that’s because it has a 45-year history. It was 1970 when the UN first stated it as an objective for economically advanced countries to reach by 1975. A handful did, a few more followed over the next decade and a small group have regularly exceeded it.
But for the rest of us, it remained a vague aspiration until 2000 ,when the millennium development goals were agreed and the 0.7% target was reset for 2015.