EU funding package of over 575 million euro to support post-conflict process in ColombiaMay 30, 2016
Hat: The EU is funding a package of over 575 million euro to support post-conflict process in Colombia
Funding Scheme: 2016-05-30
Pgm2014 2020: Yes
During her official visit to Colombia on 26-27 May, High Representative Frederica Mogherini announced that the EU will provide an overall package of over €575 million to support Colombia’s post-conflict and peace building efforts.
This package, to support Colombia’s post-conflict and peace building efforts, gathers cooperation funds provided by the EU Trust Fund, the Instrument contributing to Stability and Peace (€18 million) in support of the Colombian Government`s Rapid Response Plan and loans offered by the European Investment Bank.
It includes both short and medium term measures, in the form of technical assistance, grants and loans that will become available once the final peace agreement is signed. The European Commission and ten Member States already committed to contribute €90 million for the “Columbia Fund”, the Trust Fund. The European Investment Bank (EIB) has linked a loan package of €400 million to the actions financed by the Trust Fund.
Url description: Press room - European commission