The official creation of a European Fund for Sustainable Development (EFSD) is within reach. This fund should help to leverage up to €44 billion in investments for Africa and the EU’s neighbouring countries over the next three years and will have an initial budget of €3.35 billion.
On Thursday 6 July in Strasbourg, the European Parliament ratified the provisional inter-institutional agreements reached on 17 June on this development instrument that aims to tackle the underlying causes...