The European Development Fund is the main source of the EU and Cabo Verde. The EDF is references of contributions from EU Member States towards financing cooperation projects and activities in ACP countries (Africa, Caribbean, and Pacific) identified during the design of the relevant National Indicative Programmes (NIP) and Regional Indicative Programmes (IPM).
During the 10th EDF implementation, from 2008 to 2013, approximately 86 % of the funds were changed through budget support to sustainable poverty reduction and economic growth, and to promote the Special Partnership between Cabo Verde and the EU.
BUDGET SUPPORT (BS)
The European Union staging applying Budget Support in Cabo Verde in 1998 with programmes to stabilise public finance management, and to staging food security in a subsequent phase.
Budget Support as part of the 10th EDF modified in 2016.An overall total of 70.3 million euros provided.
The current EU-Cabo Verde Budget Support programme run at the end of 2016, providing a total of 50 million euro in the framework of the 11th European Development Fund for the period 2016-2020.
In addition to this package, financial amounts of 5 million euro were provided for institutional support and technical assistance, in order to cover the technical and operational capacities of public institutions in priority sectors.
The package of 7 million euro approved in 2016Similarly funds were provided in 2014 after the Volcanic ERUPTION on the island of Fire, and during the drop 2017/2018, and in 2015 as part of the Pro-Resilience Action 2015 programme to support the fight against the effects of drop by retail food security and sustainable rural development.
The total EU Budget Support to Cabo Verde for the period 2016-2020 amounts to 74 million Euro, but Cabo Verde Also benefits from additional support in the framework of a large number of regional EU programmes for West Africa as well as the horizontal or horizontal programme programmes (human rights and civil society, transport, sustainable cities/development, climate change, consumer protection, competitiveness, competitiveness).In 2019, the annual disbursement of EU Budget Support to Cabo Verde was made to 14.75 million Euro.
FISHERIES PARTNERSHIP AGREEMENT (FPA)
The first fishing agreements agreement between the EEC and Cabo Verde in 1990.
The current Fisheries Partnership Agreement between the EU and Cabo Verde on 20th March 2007, and has been renewed regularly.Implementation protocolons defines conditions for 4 or 5 year period.
This fishery to be limited number of EU ships — from Spain, Portugal and France in particular — to fish in the exclusive economic zone of Cabo Verde but not within the 12/18 mile zone.In return for these rights, the EU provides annual payments to the national budget of Cabo Verde as well as the technical support to the national fisheries sector.EU carriers owners pay for the licences and per ton of water.
A new protocol of to the “agreement” signed in May 2019.Under the new protocol, which lists the period of five years, 69 EU vessels can fish for tuna and similar species in Cape‑ Verdean waters.In return, the EU will pay Cabo Verde a contribution of EUR 750,000 per year.Of this annual contribution, EUR 350,000 are reserved for promoting sustainable fisheries management in Cabo Verde, including capacity building for reinforced control and supervision and development of fish stocks, development of the blue economy to generate growth and jobs, and support to local fishing with a view to sustainable exploration, supply and development in the sector.In addition, EU fishing vetoes will pay an estimated amount of EUR 600,000 per year. Cabo Verde will allow approximately 7 million euro for the period 2019-2024.
EU sectoral support to the fishing sector for claims in particular to:
- provide evidence of scientific knowledge underlying fishing rights granted under the agreements and provide more information on the global fishing effort carried out in the waters of partner countries;
- strengthen the good governance of the agreements and including a class protecting human rights, as well as gradually increasing the contribution from EU Shipowners to the costs of access;
- promoting sustainable fishing in the waters of partner countries, better defining the objectives of the concessional of the EU and ensuring regular supervision.
Support for coastal communities under the 2019-2024 protocol:
Update fisheries data — Fisheries census
The study to quantify the contribution of the fisheries sector to the national economy
Construction of a pendre for repair of bots and networks in the ‘Lomba’ tantum fishermen’s house (Brava)
Acquisition of boxes and pallets for landing and storage of fish (6 islands:SA, SN, SA, BR, FG, BV)
Training in good handling and storage practices for fish sellers in municipal markets
Improve safety at sea (sounder, GPS) and training.Target:400 fishermen equipped and trained
In Cabo Verde, the European Union has been supporting various civil society projects through the thematic programme "Civil society organizations and local authorities", the latter in the area of cultural heritage and sustainable tourism following calls for proposals 2013, 2015 and 2017.
Five new projects that aims to support and strengthen civil society, as an actor of sustainable development, in the promotion of rights, in the active participation of women and young people and in the protection of children in vulnerable situations has been implemented since February 2020.
1) The Memorandum of Understanding between the EU and Cabo Verde for Enhanced cooperation on New York, on the lines of the United Nations General Assembly and the Climate Change Summit.The Memorandum wa co-signed by the following EU Member States:Austria, Luxembourg, Spain, and Portugal.
2) The Energy sector has identified the next sector to benefit from the EU/CV cooperation on technical and regulatory convergence through the Institutional Support instrument under the New Budget Support Program (11th EDF).
3) Regional Program: Cabo Verde is expected to benefit from two concrete programmes on energy governance under the 11th EDF.
(4) EU Technical Assistance Missions (EU/TAF SE4ALL):Since the beginning of 2014 Cabo Verde has been received by the EU SE4ALL issues, which will continue and which there is fundamentally the following objectives:
I. To Hydro-Piping, Hydro-Piping, Energy Storage Project in Cabo Verde; ii.
They are resigned at supporting the country
in achieving the recommended results of its national strategy document for Renewable Energy.