The article examines the evolution of the European Union (EU) development policy, from the United Nations Millennium development goals (MDGs) and, first-ever, global attempt to end poverty, to the present day. It first gives an overview of the literature, noting it is heavily focused on the solidarity-instrumentalism dichotomy, then follows with analysis on how have major global crises, notably, climate crisis, Covid-19 pandemic, and Ukraine crisis, affected and shaped the EU development policy and its evolution. Based on that analysis and the literature, the article summarizes several categories of the factors that have influenced the EU development policy and concludes that the research must go beyond the solidarity-instrumentalism dichotomy and develop more encompassing research tools, to be able to grasp increasing complexities of the development policymaking in the contemporary world. A more appropriate analytical frame should focus on the dual role of the EU development policy, which serves as a bridge between foreign and domestic EU policy, and on its integration with other policies, especially climate, health, and peace.