The European Investment Bank (EIB Global) has signed agreements with seven EU Member States pledging just over €74 million to a new envelope under the ACP Trust Fund. This funding will promote inclusive and sustainable economic growth and human development, especially in least developed countries and fragile states in Africa, the Caribbean and the Pacific. The ACP Trust Fund envelope supported by EU Member States will target EU Global Gateway projects in ACP countries and support the UN’s Agenda 2030 as well as the Sustainable Development Goals.
“This is a great example of Team Europe partners working together. I look forward to welcoming future donors to the fund so that, together, we can invest in energy, health, climate, food security and digital solutions that will foster green and inclusive growth – ultimately boosting prosperity in Africa, the Caribbean and the Pacific,” said EIB Vice-President Thomas Östros.
