The European strategy aims to accelerate the digital, energy and ecological transitions in emerging and developing countries. The EU thus plans to mobilize 300 billion euros by 2027 to support the financing of sustainable and quality infrastructure, in compliance with social and environmental standards.
As announced at the EU-African Union Summit in February 2022, Africa will benefit from half of the funding committed, i.e. 150 billion euros. The strategy also pays particular attention to the Western Balkans and Ukraine as well as to Asia, Latin America and the Caribbean.
This strategy focuses on 5 priority sectors:
- digital (access to digital infrastructure, protective regulatory framework, skills development);
- climate and energy (renewable energies and management of critical minerals, sustainable agri-food systems, water/sanitation, waste management, preservation of ecosystems);
- transport (rail, road, port, airport networks, logistics centers and multimodal platforms, regulatory agreements and convergence);
- health (security of pharmaceutical supply chains, development of local production capacities);
- education and research (access to quality education and professional training, creation of academic and research networks).
The European private sector plays an essential role in the operationalization of this strategy on the ground, through the identification, co-financing and implementation of concrete projects.
In order to mobilize the French private sector around this ambition, a seminar is being organized on March 23, 2023 at the Ministry for Europe and Foreign Affairs, under the aegis of Olivier Becht, Minister Delegate in charge of Foreign Trade, attractiveness and French people abroad, and Chrysoula Zacharopoulou, Secretary of State for Development, Francophonie and International Partnerships. Hundreds of French companies will thus benefit from a presentation of the opportunities offered by the Global Gateway strategy.
Global Gateway brings together the European Commission, EU Member States and their development operators (including the French Development Agency), as well as major European donors, including the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD) and other European Development Finance Institutions (EDFI).
Consult the list of priority Global Gateway projects in 2023