Global Europe: MEPs to back unified EU external cooperation funding instrument
MEPs are set to approve a landmark agreement on a seven-year 79.5 billion EUR Global Europe fund for development, neighbourhood and international cooperation.
Following an agreement with Council in December 2020, MEPs will vote on the Global Europe instrument (the Neighbourhood, Development and International Cooperation Instrument – NDICI).
Global Europe, which for the first time brings the majority of the EU’s various external cooperation funding streams under one 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.
Procedure: ordinary legislative procedure, second-reading agreement
2018/0243(COD)
Debate: Tuesday, 8 June