“We are assisting thousands of stranded people, helping many to go safely back home to start an activity, saving lives, fighting traffickers. The flows have decreased, but still too many put their lives at risk and every single life not saved is one too many", Federica Mogherini, the EU High Representative, said following the presentation of the Progress Report of the European Agenda on Migration on 6 March.
The EU has made €45 million available to the fund. On top of this, the Luxembourg Government and the Africa Green Revolution Alliance, an international NGO, are contributing €5 million and $5 million respectively. The new ABC Fund, established by IFAD, is primarily geared towards individual smallholders and farmers' organisations, with loan sizes from $25 000 - $1 million (approximately €22 000 – €885 000), thus improving their access to finance. This "missing middle" has the potential to be profitable and to impact development, but has lacked sufficient funding until now. It is expected to mobilise more than €200 million in investments and could benefit up to 700 000 households in rural areas.
Scientists and politicians widely acknowledge that climate change is one of the most pressing issues, an existential threat that humanity is facing today. The Paris Agreement adopted in 2015 has set the way forward for all countries to act together in curbing climate change. These commitments must now be implemented.
Joint statement by EU High Representative Federica Mogherini and UN Special Representative for Children and Armed Conflict Virginia Gamba on the occasion of the International Day against the Use of Child Soldiers
In 2018, the European Investment Bank approved EUR 3.3 billion (USD 3.74 billion) of new financing for private sector and infrastructure investment in 20 African countries. Addressing the African Union summit in Addis Ababa earlier today Werner Hoyer, President of the European Investment Bank confirmed that 2018 represented the largest annual support for investment across Africa by the EIB in 54 years of operations on the continent.
The EU-IOM Joint Initiative for Migrant Protection and Reintegration is supporting more than 60,000 returning migrants with post-arrival reception and reintegration support in their countries of origin. EU High Representative Federica Mogherini met IOM Director-General António Vitorino at the Assisted Voluntary Return and Reintegration Transit Center in Addis Ababa this weekend.