Delegation of the European Union to Chile

Global Gateway: up to €300 billion for the European Union's strategy to boost sustainable links around the world

Brussels, 01/12/2021 - 12:00, UNIQUE ID: 211202_1
Press releases

EU News 267/2021

Today, the European Commission and the High Representative for Foreign Affairs and Security Policy launch 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. It stands for sustainable and trusted connections that work for people and the planet, to tackle the most pressing global challenges, from climate change and protecting the environment, to improving health security and boosting competitiveness and global supply chains. Global Gateway aims to mobilise up to 300 billion in investments between 2021 and 2027 to underpin a lasting global recovery, taking into account our partners needs and EU's own interests.

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The EU has a long track record as a trusted partner to deliver sustainable and high quality projects, taking into account the needs of our partner countries and ensure lasting benefits for local communities, as well as the strategic interests of the European Union.

Global Gateway is about increasing investments promoting democratic values and high standards, good governance and transparency, equal partnerships, green and clean, secure infrastructures and that catalyse private sector investment.

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 seek to mobilise the private sector in order to leverage investments for a transformational impact. The EU Delegations around the world, working with Team Europe on the ground, will play a key role to identify and coordinate Global Gateway projects in partner countries.

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