Team Europe continues to deliver with more than €26 billion disbursed in support to partner countries in one year - News Summed Up

Team Europe continues to deliver with more than €26 billion disbursed in support to partner countries in one year


By 1 January 2021, Team Europe had already supported partner countries around the world with more than €26 billion, 65% of the overall response package that now stands at over €40 billion and exceeding the original €20 billion pledged. Ivory Coast and Nepal now also use this technology to track the spread of the coronavirus, thanks to Team Europe support. In 2020, Team Europe spent €19.5 billion on mitigating the social and economic consequences of the pandemic. Building on the success of the Team Europe approach, the EU and its Member States have agreed to step it up by jointly designing, funding and implementing Team Europe Initiatives. Team Europe is mobilising €8 billion for actions in Africa and close to €4 billion have been already delivered in Sub-Saharan Africa.


Source: The North Africa Journal April 08, 2021 10:52 UTC



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