About the plan
The External Investment Plan (EIP) was adopted in September 2017 to help boost investment in partner countries in Africa and the European Neighbourhood. It aims to:
- contribute to the UN's sustainable development goals (SDG) while tackling some of the root causes of migration
- mobilise and leverage sustainable public and private investments to improve economic and social development with a particular focus on decent job creation
The EIP supports partner countries by:
- mobilising finance - through the European Fund for Sustainable Development
- providing technical assistance to help prepare investment projects
- developing a favourable investment climate and business environment
- contribute to sustainable development
- contribute to jobs and growth
- unblock bottlenecks to private investment by addressing the risks
Guides and project examples
English and French versions
Other language versions
- Factsheet on the EU External Investment Plan: Azerbaijani, Belarusian, Armenian, Georgian, Romanian, Russian, Ukrainian
- Project examples in Eastern Partnership countries: Azerbaijani, Belarusian, Armenian, Georgian, Romanian, Russian, Ukrainian
The European Fund for Sustainable Development includes 2 regional investment platforms (for Africa and the European Neighbourhood).
Focusing on Africa
Focusing on the European Neighbourhood
Why an External Investment Plan?
It is well recognised by the international community that meeting sustainable development goals requires passing "from billions to trillions" in aid and investment. This is beyond the reach of traditional development assistance, and also of public and private investment alone. There is clearly a gap where the EU can add value by helping to mobilise significant additional investment.
The EIP follows the very successful model of the 'Juncker Plan' implemented within the EU. The EU contribution of €4.1 billion to the EIP will leverage up to €44 billion of investment by 2020 which otherwise would not happen.
In 2016 the EU and its member states collectively provided €75.5 billion or almost 60% of global assistance. Traditional assistance in the form of grants remains essential – but it will be complemented with other tools and sources of finance.
Smart and sustainable investment can help create new jobs and boost economic growth for all, while making conflict-afflicted countries more stable.