EU Trust Fund for Colombia

EU Trust Fund for Colombia

EU Trust Fund for Colombia

The violent armed conflict has afflicted Colombia for the past 50 years destabilising the country and causing the death of over 200,000 of people and the forced internal displacement of more than 5 million Colombians. The conflict has largely destroyed the country's social fabric, seriously affected its economic development and undermined the resilience of large parts of its population.

Rural areas in Colombia have been disproportionately affected by the violent conflict and have suffered from illegal activities and violence. Delivery of public services has been hampered by weak presence of the state in many of these territories.

The peace agreement between the Government of Juan Manuel Santos and the Fuerzas Armadas Revolucionarias de Colombia – Ejército Popular, FARC – EP offers a unique opportunity to put an end to decades of violence.

For more than a decade, the EU and Member States' support to Colombia has focused on root causes and consequences of the conflict. During 15 years of collaboration the EU has gained legitimacy, recognition and the trust of the Colombian people. Together with the EU Member States, the EU has invested €1.5 billion in peacebuilding activities in Colombia.

 

 

What is the size of the Trust Fund for Colombia?

The European Fund for Peace of Colombia has 120 Million Euros, which merge the contributions of the European Union and 19 of its Member States States (Croatia, Czech Republic, Cyprus, France, Germany, Hungary, Italy, Ireland, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Spain, Sweden, the United Kingdom, Slovakia, Slovenia) and that of Chile.

What is the objective of the Fund?

The European Fund has been created in response to the request of the Colombian Government to receive technical and financial support from the European Union for its implementation of the Peace Agreement considering the special role assigned to the EU as an international entity accompanying Point 1 of the Agreement which focuses on Integral Rural Development and Point 3 which concerns the Reincorporation of ex-combatants.

Through its projects, the Fund is stimulating economic activity and productivity, strengthening the legitimizing presence of the State, rebuilding the social fabric and supporting the reconciliation and social and economic reintegration of ex-combatants.

The overall aim is to help Colombia to secure a stable and lasting peace, to rebuild its social and economic fabric, and to give new hope to the people of Colombia.

Priority is given to rural areas, which have been disproportionately affected by the conflict.

 

More information:

Colombia Peace in progress - The EU approach - Financing and success stories

 

 

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