The EU and the Organisation of African, Caribbean and Pacific States (OASECP) have issued a joint statement reaffirming their commitment to the United Nations 2030 Agenda and its Sustainable Development Goals (SDGs) for the 4th UN Conference on Financing for Development. In a declaration adopted last July 1 by the Council of the EU, the […]
Statement by President Von der Ley at the 4th International Conference on Financing for Development
“Seville, 30 June 2025 Mr. President of the Conference, Secretary-General Guterres, Presidents, Prime Ministers, Your Excellencies, Ladies and Gentlemen, Let me start with a key fact: last year, development aid worldwide stood at just over $200 billion. The annual investment gap on the Sustainable Development Goals, as Pedro Sánchez has pointed out, is in the […]
European Commission and EIB strengthen support for Innovation Fund decarbonisation initiatives
The European Commission and the European Investment Bank (EIB) have signed an agreement renewing Project Development Assistance (PDA) under the Innovation Fund to increase technical and financial advisory support for innovative decarbonisation projects that are either not selected via the Fund or are preparing to apply. The renewed PDA agreement aligns with the EU’s Clean Industrial Deal, which […]
EU EOM recommends more scrutiny of election financing and gender parity representation
The European Union Election Observation Mission publishes its final report on the 2022 Colombian general elections, with 24 recommendations for future polls. “Colombia has inaugurated political alternation in a transparent and well-organized process. The country has demonstrated a solid electoral system and a deep-rooted democratic culture that helped it to overcome some technical problems during […]
Adaptation to Brexit: Commission approves EUR 2 billion in pre-financing for 12 Member States
The Commission has approved the disbursement of more than EUR 2 billion under the Brexit Adjustment Reserve to a group of twelve Member States. Under this decision, €819.2 million will be made available by the end of March 2022 and the remainder by April 2023 at the latest. This funding will help mitigate the impact […]
Why is EU funding for regions so important?
EU funding will help regions recover from the Covid crisis, whilst reducing disparities, making them greener and creating jobs. Revamping EU regional policy During a plenary session in June 2021, Parliament adopted a cohesion package, including the main regional funds the European Regional Development and Cohesion Fund and the European Territorial Goal of the regional […]
Commission and EIB provide CureVac with a €75 million financing for vaccine development and expansion of manufacturing
The European Investment Bank (EIB) and CureVac, a clinical-stage biopharmaceutical company developing a new class of transformative medicines based on optimised mRNA, entered into a €75 million loan agreement to support the Company’s ongoing development of vaccines against infectious diseases, including its vaccine candidate CVnCoV aimed at preventing SARS-CoV-2 infections. El préstamo, además, apoyará los […]
COVID-19: statement of EU ministers of finance on continuing bank lending and on maintaining a well-functioning insurance sector
It is crucial that banks continue financing households and corporates, including SMEs experiencing temporary difficulties amid the COVID-19 pandemic. To this end, making full use of the flexibility provided for in the prudential and accounting framework, is essential at a time when sufficient financing to cover financial pressures is vital for the economy. EU ministerss […]