Virtual | Team Europe: Joining Forces for Financing the Global Recovery

Virtual | Team Europe: Joining Forces for Financing the Global Recovery

? 11 September 2020 ? 15:00 – 16:15 (CET)
Virtual

This online event is dedicated to Team Europe’s response to the recovery in emerging and developing economies, the response of European financial institutions to COVID-19, and their coordination initiatives.

It will focus on the European Commission’s recent proposals to strengthen existing and future external instruments, which will help development finance institutions to do even more, to address the healthcare crisis and the socio-economic challenges caused by the pandemic in emerging and developing economies.

Three specific topics will be explored:

  • Team Europe: Partnerships for impact, cooperation, and co-financing instruments (e.g. mutual reliance, European Financing Partners for COVID-19, Vienna Bank Coordination Initiative …)
  • Countercyclical measures: resources mobilisation, leveraging, guarantees, innovative approaches and engagements, the EU’s recovery package, and the amended multiannual financial framework proposal (e.g. EFSD, NDICI), ensuring an effective EU development finance architecture.
  • Transformative agenda: support climate action and digital transition, human development (education, health), food security, gender, reinforce resilience, and address the poverty gap.

Original source: EIB