European Union funding
The EU is the world's largest donor of development funding, giving over half the world total. Around one sixth of this is administered directly by the European Commission.
Nearly € 1 billion (or 10%) of the aid budget managed by the European Commission is channelled through the UN.
FAO is among the principal UN-recipients of EU-funded grants:
There are two sources of funding from the EU most relevant to FAO:
- European Union budget
- European Development Fund