The Global Europe: Neighbourhood, Development and International Cooperation Instrument is the main financial tool of the EU's international cooperation for the period of 2021-2027.
Through direct financial transfers to their national treasury – also known as budget support, we support partner countries engaging in sustainable development reforms.
The European Fund for Sustainable Development Plus (EFSD+) is part of the EU’s investment framework for external action. It ensures world-wide coverage for blending, guarantees and other financial operations.
With guarantees and blending, we use public funds to start up or cover part of the costs of a project, and leverage private investments in development actions.
Trust funds are set-up to pool funding from different sources. The EU can set-up multi-donor trust funds for emergency, post-emergency or thematic actions in the field of external action.