Press release - Global Europe: MEPs back EU external cooperation funding instrument worth €79.5 billion

Global Europe, which for the first time brings the majority of the EUs various external cooperation funding streams under one umbrella instrument, will provide funding of 79.5 billion EUR (in current prices) for 2021-2027.

Metadata

Provider:

European Parliament

URL:

https://www.europarl.europa.eu/news/en/press-room/20210604IPR05526/

Retrieved on:

Thursday, June 10, 2021

Information

Tags:

Organizations, Articles, World, Confederations, European Union

Summary

Key Points:

Global Europe, which for the first time brings the majority of the EUs various external cooperation funding streams under one umbrella instrument, will provide funding of 79.5 billion EUR (in current prices) for 2021-2027.
It will be used to support sustainable development in EU neighbourhood countries, Africa, Asia, the Americas, the Pacific and the Caribbean.
Human rights, civil society, global challenges
In addition to a focus on sustainable development, Global Europe will advance key thematic aspects of EU external policy, including, programmes promoting human rights, democracy, civil society.
More details on the various Global Europe programmes and pillars, background information, as well as quotes are available in the press release on the political agreement (15.12.2020).