Team Europe: €34 billion disbursed so far to tackle COVID-19 in partner countries

(Credit: Unsplash)

This article is brought to you in association with the European Commission.


Since the outbreak of COVID-19 in early 2020, the EU, EU Member States and European financial institutions, as Team Europe, have disbursed €34 billion in support to partner countries in addressing the pandemic and its consequences, delivering on its promises with concrete results. This disbursement already exceeds by far the initial €20 billion Team Europe support package pledged in spring 2020, which has now increased to €46 billion.

Commissioner for International Partnerships, Jutta Urpilainen, said: ”In spring last year, the world faced an unprecedented crisis. The international community needed to respond together. Team Europe responded by pooling our expertise and resources, drawing on our respective strengths to deliver more targeted support with greater impact. We have also adapted EU programmes to better respond to developing countries’ needs. Team Europe can be proud to have mobilised such a substantial package in just one year to support our partners around the world.”

Team Europe has already mobilised support for over 130 countries. From the overall €46 billion, €34 billion have been disbursed as of April 2021: €1.8 billion on emergency response to humanitarian needs, €6.3 billion on strengthening health, water and sanitation systems, and €25.8 billion on mitigating the social and economic consequences of the pandemic, including job losses and education.

The current state-of-play of disbursements relative to commitments by region as of April 2021 is as follows:

  • Neighbourhood: €10.3 billion out of €13.8 billion
  • Sub-Sahara Africa: €6.7 billion out of €8.1 billion
  • Western Balkans and Turkey: €4.9 billion out of €5.8 billion
  • Asia and the Pacific: €2.7 billion out of €3.2 billion
  • Latin America and the Caribbean: €1.5 billion out of €3.0 billion
  • Africa, Caribbean and Pacific, regional: €445 million out of €658 million
  • Overseas territories and Greenland: €203 million out of €627 million
  • Global programmes: €5.1 billion out of €7.5 billion

In addition to this, Team Europe’s contribution includes guarantees (€2.1 billion out of €3.3 billion).

The EU has also played a leading role in setting up the COVAX Facility, the only global initiative supporting fair distribution of vaccines around the world, with a focus on low- and middle-income countries. As of June 2021, Team Europe’s contribution for the COVAX Facility is over €3 billion.

In terms of disbursements, Team Europe has disbursed 74% of €46 billion committed by April 2021. In January 2021, disbursements reached €26.2 billion, while in April 2021, they were up to €34 billion (+ €7.8 billion).

Background

The ‘Team Europe’ package was launched on 8 April 2020 by President von der Leyen to support EU partner countries in the fight against the COVID-19 pandemic and its consequences. The financial support initially pledged was for around €20 billion and combined resources from the EU, its Member States, and financial institutions, in particular the European Investment Bank and the European Bank for Reconstruction and Development.

The financial commitments then doubled to €40.5 billion by January 2021. As of April 2021, they had further increased to €46 billion.

This collective global support focuses on 1) emergency response and immediate humanitarian needs; 2) strengthening health, water, sanitation and nutrition systems, and 3) mitigating the social and economic consequences of the pandemic.

For More Information

Visit the Team Europe webpage where you can consult the following press materials:

  • Team Europe external response to COVID-19 (up to 8 April 2021) (Breakdown by geographic region and policy area)
  • EU Institutions external response to COVID-19 (up to 8 April 2021) (Breakdown by country)
  • EU Institutions external response to COVID-19 (Framework)

the sting Milestones

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

Why the foundations of the modern world are costing the earth

World Cancer Day: Early cervical cancer diagnosis could save lives of over 300,000 women

Covid-19 crisis shows supply chains need to embrace new technologies

What is adversarial artificial intelligence and why does it matter?

MEPs want to ensure sufficient funding for Connecting Europe’s future

Two out of every five American couples now meet online

Trade defence report: restoring the level playing field for European producers

Peace operations benefit from improved cooperation between the UN and troop-providing countries, says peacekeeping chief

Switzerland has the most highly skilled workers in the world. This is why

Infringement – Commission takes Italy to Court for its incomplete regime of access to genetic resources

Capital Markets Union: Making it easier for insurers to invest in the real economy

Venezuela: ‘A worrying destabilizing factor in the region’, Bachelet tells Human Rights Council

How cocoa farming can help stop deforestation

Inaction over climate emergency ‘not an option’ says UN Assembly chief

A Year in China

Drug laws must be amended to ‘combat racial discrimination’, UN experts say

What UK and EU risk if Brexit “wins” these elections

€200 million to promote European agri-food products in and outside the EU

Palliative care and Universal Health Coverage: how to advocate for the inclusion of palliative care in UHC

Eurozone in trouble after Nicosia’s ‘no’

Questions and Answers on the EU Digital Covid Certificate

The Shifting Rhythms of Harmonious China: Ancient, Modern & Eternal

Obsolete tech is clogging up global trade. Here’s how to unblock it

Rebuilding after COVID: The challenge is digital

UNIDO promotes post-harvest excellence for mangoes in the Mekong River Delta of Viet Nam

Palliative Care: a human right

Collective action now, the only way to meet global challenges, Guterres reaffirms in annual report

NHS: A great healthcare system but how accessible is it to migrants?

Sub10 Systems @ MWC14: Bridging the Ethernet of the Future

Citizens to be the cornerstone of the Conference on the Future of Europe

Lessons learnt, unlearnt or re-learnt? Analyzing the third wave of COVID-19

The post-pandemic future of work – according to 3,000 CEOs from around the world

Growing a new coral reef in a fraction of the time with a fragment of the coral

Poland: €676 million worth of EU investments in better rails and roads

Main results of EU-Japan summit: Tokyo, 17/07/2018

Ocean life faces ‘onslaught of threats’ from human activity, but tools exist to save it

270 million people are migrants, who send home a staggering $689 billion

Human rights: breaches in Iran, Saudi Arabia and Sudan

Climate action ‘both a priority and a driver of the decade’: Guterres

Coronavirus Global Response: WHO and Commission launch the Facilitation Council to strengthen global collaboration

As tech disrupts our jobs, it’s not too late to turn pain into gain

State aid: Commission approves €2 billion Italian guarantee scheme to support trade credit insurance market in the context of the coronavirus outbreak

Teachers launch a free ebook to help children cope with the pandemic

COVID-19 has been a setback for women. Gender-responsive policies can stem the losses

How COVID-19 vaccine efforts could help defeat other diseases

European financial values on the rise

Human Rights breaches in Iran, Kazakhstan and Guatemala

COVID-19: EU helps to deliver vaccines to Moldova and medical items to Montenegro and North Macedonia

UN Human Rights chief urges Venezuela to halt grave rights violations

West Bank: ‘imminent’ demolition of Palestinian village could be ‘war crime’ – ICC Prosecutor

Cities will lead the electric transport revolution. Here’s why

An alternative view of Globalization 4.0, and how to get there

This is what Belgium’s traffic-choked capital is doing about emissions

Closing the gaps in accelerating women’s rights: the role of medical students

Companies ‘failing’ to address offline harm incited by online hate: UN expert

Why the 33,000 staff European Commission did not have a real contingency plan for the refugee crisis?

‘Maintain calm’ and ‘exercise patience’ UN envoy urges, as Nigeria heads to polls

This UK footballer just won free school meals for kids in the summer holidays

6 stages for fostering and harnessing imagination in companies

‘We will not give up on looking for peace for South Sudan’: UN deputy chief

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: