Lehdistötiedote

New fund to mobilise €44 billion to fight root causes of migration

Strasbourg
, 6.7.2017 - 12:21
West African market scene

Members of the European Parliament gave the green light today for the European Fund for Sustainable Development, an EU scheme of €3.3 billion worth of loans and guarantees aimed at mobilising €44 billion in private investment in risk areas, mainly in Africa, intended to tackle root causes of migration.

“This is an important milestone in our approach to development and migration. We are serious about creating sustainable growth and addressing the root causes of migration in Africa and in the European neighbourhood”, said Eduard Kukan MEP, the Rapporteur. “The Fund for Sustainable Development is an innovative instrument mobilising investments, increasing access to financing and stimulating the private sector in the partner countries. We want to improve the investment climate, encourage growth and bring more job opportunities, especially to the most fragile parts of our neighbourhood. In this sense, we have a vital tool to tackle development challenges and the root causes of migration”, he said.

“The instrument is flexible and tailored to the specificities of the private sector while meeting the requirements of our development assistance such as the principles of aid effectiveness or policy coherence - this is a major step forward”, highlighted Maurice Ponga MEP who supervised the proceedings of the Regulation in the Development Committee. “The private sector has a key role to play in development by creating wealth and jobs, thus contributing to addressing the root causes of irregular migration”, he added.

"We must tackle migration flows from Africa by resolutely combating the causes in those countries from which migrants are fleeing. This cannot be done solely through public funds, but by more flexible and adaptable instruments that trigger private investment in Africa”, concluded Paul Rübig MEP who supervised the Regulation in Budgets Committee.

Toimitusten tietoon
EPP-ryhmä on Euroopan parlamentin suurin poliittinen ryhmä, jolla on 215 jäsentä 27 jäsenmaasta

Meppien yhteystiedot

-
Eduard KUKAN
STR - Phone: +33 (0)3 88 175216 Fax: +33 (0)3 88 179216
Sähköposti: eduard.kukan@europarl.europa.eu
-
Maurice PONGA
STR - Phone: +33 (0)3 88 175256 Fax: +33 (0)3 88 179256
Sähköposti: maurice.ponga@europarl.europa.eu
-
Paul RÜBIG
STR - Phone: +33 (0)3 88 175749 Fax: +33 (0)3 88 179749
Sähköposti: paul.ruebig@europarl.europa.eu

Lehdistöosaston yhteystiedot

Atilla Agárdi
Slovak press
Phone: +32 475 750 272
Jean-Luc Feixa
French press
Phone: + 32 477 680 090
Daniel Köster
Austrian press; Communications Strategy
Phone: +32 487 384 784
Give young farmers a better chance to fight desertification
19.10.2017 - 17:00

Give young farmers a better chance to fight desertification

With a dramatically ageing farming population, Europe needs to provide more help for young farmers to become the future of agriculture. At the...
Young agricultural worker posing in a cowshed
19.10.2017 - 16:36

EPP Group supports young farmers

The 4th edition of the European Congress of Young Farmers took place at the European Parliament in Brussels on October 18 and 19, in the context of a...
Security concept
19.10.2017 - 11:09

ePrivacy and digital innovation must be in balance

ePrivacy is crucial in the digital era we live in. Any regulation in this area needs to be pro-innovation and future-proof. The compromise package on...
International Travel
19.10.2017 - 9:07

ETIAS: closing the information gap on arrivals in the EU

The European Travel Information and Authorisation System (ETIAS), which assesses possible security risks of visa-free travellers to the EU, was...

Viikon kohokohdat

16.10.2017. - 20.10.2017.
Group portrait of industry workers

Towards better protection for posted workers

Members of the Employment Committee on Monday will vote on the revision of the Posting of Workers Directive spearheaded by Elisabeth Morin-Chartier...
Syrian Refugees

Solidarity and flexibility should be core in granting asylum

The reform of the Dublin System which sets the rules for granting asylum in Member States will be voted on by the Civil Liberties Committee on...
Travel

New system to strengthen Europe's border security

The Civil Liberties Committee will vote on Thursday on 'Establishing a European Travel Information and Authorisation System' (ETIAS),...
Believe in People campaign; Marianne Thyssen