European fund for sustainable development: Council agrees negotiating position

Author (Corporate)
Series Title
Series Details PRES/16/705 (01.12.16)
Publication Date 01/12/2016
Content Type

On 1 December 2016, the Permanent Representatives Committee (Coreper) agreed on the Council's negotiating position on the regulation on the European fund for sustainable development (EFSD) and establishing the EFSD guarantee and the EFSD guarantee fund. The text will be presented for adoption to the Council in December 2016.

The EFSD will be composed of two regional investment platforms which will support investments and increase access to financing, primarily in Africa and the European neighbourhood.

Source Link Link to Main Source http://www.consilium.europa.eu/en/press/press-releases/2016/12/01-efsd/
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