07-02-2022 13:45
The Future of the European Financial Architecture for Development

European Parliament (room ASP 1E2) and remote
Pile of coins with a tree
Workshop on The Future of the European Financial Architecture for Development © Image used under the license from Adobe Stock

The workshop’s aim was to inform DEVE Members on the ways and modalities of financing of development under the European Financial Architecture for Development (EFAD). It took place on 7 February 2022.

The experts examined the state of play and the decision made by the Council to pursue the 'status quo +' option, as well as other future options and scenarios, such as the establishment of an European Climate and Sustainable Development Bank, and provide recommendations on the best way forward, including on the roles of the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD) and EU Member States' development finance institutions, also in the context of the Team Europe approach, and implementation of the NDICI-Global Europe regulation.

Experts:
  • Mikaela Gavas, Senior Policy Fellow, Center for Global Development
  • Dr Aitor Perez, Economist and Political Scientist, Ecoper