Development Economics Brief, No. 8, July 2022

The European Union (EU) and its Member States are the world’s largest provider of official development assistance. EU development cooperation aims to advance sustainable development,  trengthen resilience, promote peace and stability, and address global challenges through international partnerships. The EU is an important channel for Swedish aid and an increasingly strategic partner to Sida, providing global leverage for Sweden’s work to improve the living conditions for people living in poverty and oppression.

In 2025, Sida disbursed SEK 1.04 billion to the World Bank Group (WBG). Sida’s financial support is mainly directed through a number of trust funds and financial intermediary funds. These funds have a global, regional or country focus with either a specific thematic or geographical aim.