Evaluation of the European Union’s External Financing Instruments (2014-2020 and 2021-2027)

This instruments evaluation provides an independent assessment of the fitness for purpose of the External Financing Instruments (EFIs) as established by their respective legal acts. Specifically, the evaluation provides an assessment on the EU added value, relevance, and performance of EFIs, on their flexibility and capacity to react to changing political and policy priorities and a changing context, on internal and external coherence as well as on scope for further simplification of the EFIs.

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