#TeamEurope will provide funding and support for ongoing projects, electricity interconnections & transmission lines across countries, setting up the Africa Single Electricity Market.
🟢 Partnerships with countries championing energy transition.
The objective is to decarbonise the energy mix, including by phasing out coal, optimising the share of transitional sources of energy and investing in renewable energies as well as energy efficiency.
The new Emergency Macro-Financial Assistance programme will provide €1.2 billion to help Ukraine strengthen its economic stability and resilience, directly benefiting Ukrainian citizens.
We have shown our support in the fight against the COVID -19 pandemic — 3.7 million doses of vaccines shared by Team Europe on top of 8.4 million doses from the COVAX Facility.
#GlobalGateway will take infrastructure development to the next level in Africa, and 🌍 globally.
#TeamEurope will invest up to €300 billion to boost:
🌐 Digital transformation
♻️ Climate action and sustainable energy
🚈 Transport
🏥 Health
👩💻 Education and research
With our values at the centre of the #GlobalGateway, we are putting people and the planet first.
For us, global connectivity needs to be:
🌳 sustainable,
🤝 comprehensive,
🛡️ secure,
🧑⚖️rules-based,
🧑🏾🤝🧑🏻 human-centric
🌍 geographically adapted.
What is the #GlobalGateway Africa – Europe Investment Package?
It is all about supporting Africa for a strong, inclusive, green and digital recovery and transformation.
#TeamEurope – the EU and EU countries, will support concrete and transformational project in priority areas.
We will invest in projects with concrete objectives for the green transition.
This includes:
🔷 increasing the renewable energy generation capacity by at least an additional 300 GW,
🔷 protecting biodiversity by stabilising 3 million km² of land.
#TeamEurope is lead contributor to #COVAX with close to €3.5 billion and is Africa’s biggest #COVID19 vaccines donor.
We are helping accelerate the roll-out of vaccines with supply of auxiliary material like syringes, supply chain management, logistics and service delivery.
We will support African partners in strengthening local pharmaceutical systems and manufacturing capacity.
This means better access to medicines and vaccines for people in the region.
By 2030 we will double our current market share of chips to 20%.
Together with EU countries, we will mobilise more than €43 billion of public and private investments to prepare, anticipate, and swiftly respond to the current and future supply chains disruptions.