Team Europe

Action type

CommunicationA policy initiative is one tracked policy action. The action type names the instrument the Commission is using to deliver it. See full glossary →

Status

Delivered

Delivery date

02 Oct 2024

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Summary

Aligns the EU, Member States, the EIB/EBRD, agencies and the private sector to act as one, pooling finance, expertise and diplomacy for maximum impact. Born during COVID-19, it is now the default delivery model for international partnerships and Global Gateway. It coordinates over 160 Team Europe Initiatives and mobilised €179 billion in 2021–2023, underpinned by instruments such as the €40 billion EFSD+ guarantee and regular Global Gateway business fora, with governance via a Board, Business Advisory Group, and a Civil Society & Local Authorities platform. By joining up investments, reforms and standards, Team Europe scales high-standard projects worldwide and strengthens EU strategic influence.

Action items

  • Team Europe Approach: Pool EU, Member States, EIB and EBRD resources, expertise and diplomatic networks into a joined-up delivery method for international partnerships

  • Global Gateway Strategy: Mobilise up to EUR 300 billion in public and private investment by 2027 to fund smart, clean and secure links in energy, digital and transport, while promoting high social, environmental and financial standards [2021–2027]

Referenced policy initiatives or strategic plans (0)

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Strategic plans and policy initiatives citing this one (4)

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