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European Commission – Global Europe Instrument

(EU funding programmes 2021-2027) The European Union is the world’s biggest donor of development assistance, …

(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.

Programme website

(Source: https://ec.europa.eu )