(EU funding programmes 2021-2027)
The European Union is the world’s biggest donor of development assistance, the first trading partner and the first foreign investor for almost every country in the world.
The 2021-2027 budget will increase the effectiveness and visibility of the EU’s external policies, strengthen coordination with internal policies and give the EU the flexibility needed for a faster response to new crises and challenges.
“Global Europe: Neighbourhood, Development and International Cooperation Instrument” will channel the biggest share of external action funds, with a budget of €79.5 billion. It will be the EU’s main tool to contribute to eradicating poverty and promoting sustainable development, prosperity, peace and stability.
(Source: https://ec.europa.eu )