The European External Investment Plan in the Southern Neighbourhood: how to make it work. EPC Commentary, 7 December 2017

Fabbri, Francesca (2017) The European External Investment Plan in the Southern Neighbourhood: how to make it work. EPC Commentary, 7 December 2017. [Policy Paper]

PDF - Published Version Download (252Kb)

Abstract

The EU is putting an increasing emphasis on blended finance for development. However, analysis suggests that its use should not be seen as a panacea, but as part of a coordinated effort to implement a broader reform agenda. The EU’s External Investment Plan (EIP), aimed at boosting investment in Africa and the EU neighbourhood, is now fully operational.1 The key areas for the plan’s implementation (investment windows) have been approved and potential projects presented.2 While mostly aiming to contribute to achieving the Sustainable Development Goals (SDGs), the EIP was also developed to tackle the ’root causes’ of the growing migration flows to the EU. The objective is to create jobs and stimulate growth in target regions, with the presumption that this would reduce migration flows in the short to medium term.

Actions (login required)