The External Investment Plan (EIP) aims to support investments in regions outside the EU as a means to also tackle the root causes of migration, while contributing to the achievement of sustainable development goals.
The External Investment Plan proposes an integrated approach for promoting investments in EU partner countries in Africa and the Neighbourhood, by building on three pillars. The first pillar is the new European Fund for Sustainable Development (EFSD) with the total foreseen funding of EUR 4.1 billion, since 2017, and including the new EFSD Guarantee as well as two investment platforms, the Africa Investment Platform (AIP) and the Neighbourhood Investment Platform (NIP).
The European Fund for Sustainable Development (EFSD), established by the European Parliament (which also established the EFSD Guarantee and the EFSD Guarantee Fund) concerns both Sub-Saharan Africa and the Eastern and Southern Neighborhood.
Its purpose is to support investments and increased access to financing, in order to foster sustainable and inclusive economic and social development and pro-mote the socioeconomic resilience of partner countries. It focuses especially on sustainable and inclusive growth, on the creation of decent jobs, on gender equality and the empowerment of women and young people, and on socioeconomic sectors and micro, small and medium-sized enterprises, while maximizing additionally, delivering innovative products and crowding in private sector funds.
The purpose of the study is to provide an overall independent assessment of the functioning of the EFSD, consisting of: the two blending platforms Africa Investment Platform (AIP) and Neighbourhood Investment Platform (NIP), the EFSD Guarantee and the EFSD Guarantee Fund.
The global objective is to assess how the EFSD Regulation has been implemented (including lessons and achievements), take stock of the lessons learned and lay the ground for further improvements in the functioning and evolution of the EFSD, including the use of the EFSD Guarantee Fund.