Global Gateway: up to €300 billion for the EU’s strategy to boost sustainable links around the world

Global Gateway: up to €300 billion for the EU’s strategy to boost sustainable links around the world

December 1, 2021

Today, the European Commission launches the Global Gateway, the new European Strategy to boost smart, clean and secure links in digital, energy and transport and strengthen health, education and research systems across the world.

Global Gateway aims to mobilise up to €300 billion in investments between 2021 and 2027 to underpin a lasting global recovery, taking into account EU’s partners needs and EU’s own interests.

Through a Team Europe approach, Global Gateway will bring together the EU, Member States with their financial and development institutions, including the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD), and mobilise the private sector to leverage investments for a transformational impact. The EU Delegations around the world will play a key role to identify and coordinate Global Gateway projects in partner countries.

“Global connectivity for the EU starts with its neighbourhood. The Economic and Investment Plans we have recently launched for the Western Balkans, the Eastern and Southern Neighbourhood are all built around connectivity,” Commissioner for Neighbourhood and Enlargement, Olivér Várhelyi, said. “Developed in close cooperation with our partners, these Plans will start to deliver the Global Gateway Strategy in our neighbouring regions still within the mandate of this Commission.”

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