Draft:Neighbourhood, Development and International Cooperation Instrument
The Neighbourhood, Development and International Cooperation Instrument - Global Europe, also known as the NDICI-GE or simply Global Europe, is a European Union financing instrument through which the EU invests in development, governance and fighting climate change in non-member states.
History
[edit]Negotiations for the establishment of the NDICI-GE were concluded in December 2020, and the structure of the instrument was approved by the Council of the European Union.[1]
Composition
[edit]The Instrument has a total budget of €79.46 billion. At its establishment, it was broken down into four pillars:[2]
- The "geographic" pillar: €60.39bn, of which:
- at least €19.32 is for the EU's "neighbourhood" - non-EU member states in Eastern and Southeastern Europe, and North Africa[2]
- at least €29.18bn is for states in Sub-Saharan Africa
- at least €8.49bn is for states in the Asia–Pacific region
- at least €3.39bn is for states in the Americas and the Caribbean
- unspecified amounts are allocated to overseas countries and territories of EU member states, and to states states which have begun the EU accession process
- The "thematic pillar": €6.36bn, of which:
- €1.36bn is for projects related to human rights and democracy
- €1.36bn is for civil society organisations
- €910 million is for peace, stability and conflict resolution
- €2.73bn is for "global challenges", including health, education, empowerment of women and children, migration and forced displacement, and food security
- The "rapid response pillar": €3.18bn
- Available to respond to emerging crises, humanitarian needs and "the EU's foreign policy needs and priorities"[2]
- €9.53bn in unallocated funds, to top up other areas of the Instrument as necessary over its lifetime
External links
[edit]References
[edit]- ^ "European Commission welcomes political agreement on future €79.5 billion for a new instrument to finance the EU external action and lead the global recovery through international partnerships". European Commission. 18 December 2020. Archived from the original on 21 December 2020. Retrieved 20 August 2024.
- ^ a b c "NEIGHBOURHOOD, DEVELOPMENT AND INTERNATIONAL COOPERATION INSTRUMENT (NDICI) – "GLOBAL EUROPE" - factsheet" (PDF). Directorate General for International Partnerships. 9 June 2021. Retrieved 20 August 2024.