Author: Mark Furness
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
The proposal by the European Union (EU) to build a "Global Gateway" to the world is potentially an important juncture in EU foreign relations. Since its official launch in December 2021, most attention has been put on the initiative's geostrategic implications and whether the EU can compete with China. Less attention has been paid to the Global Gateway's implications for EU development policy in terms of strategic objectives, decision-making, thematic focus and financing. Two aspects are important in this regard. The first is whether the Global Gateway is a serious proposal that can deliver on its headline promises to massively increase European infrastructure financing in developing countries, provide partners with an alternative economic and political model to that being offered by China, and make a meaningful contribution to their efforts to realise the 2030 Agenda. The EU's announcement that the Global Gateway will generate up to EUR 300 billion in investment by 2027 grabbed headlines, many of them sceptical. There is, however, no reason to doubt that the initiative will be adequately financed. Although the planning for the EU's international aid budget for 2021-2027 has mostly been completed, a significant proportion remains flexible and could be spent on Global Gateway projects. As for the EU's implementing capacity, the Gateway's financial toolbox draws on the EU's recent experiences with the Juncker Investment Plan and the External Investment Plan, which have both been utilised by development banks and private investors. The second aspect is whether the Global Gateway heralds a change in the EU's motivations, objectives and modalities for cooperation with developing countries and regions. On the surface, the Global Gateway does not seem to change much. There are many thematic overlaps with existing strategic frameworks for engaging with Africa and the EU's Neighbourhood. There is even a sense that the Global Gateway turns back the clock to the days when the EU focussed aid spending on infrastructure and emphasised its "political neutrality". The geopolitical context in which the EU finds itself is, however, being transformed by pandemic, wars and multipolarity. The impacts of epochal events such as the Covid-19 pandemic and Russia's invasion of Ukraine are still playing out. The Global Gateway signals a major adjustment in the EU's response to these transformations, particularly regarding its engagement with the "Global South". This will create a new paradigm for EU development policy, defined by strategic interests. It is likely that the new geostrategic framework will weaken the EU's commitment to, and observance of, core development policy principles, especially the focus on poverty, partner country ownership, open governance and the "do no harm" principle. The Global Gateway's use of aid to catalyse commercial investment risks further instrumentalising EU development policy. Specific measures are therefore needed to safeguard and promote the principles that the EU and its member states have committed themselves to.

Author: Elżbieta Kaca
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description

Author: Michelangelo Maglioni
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description

Author: Alberto Rizzi
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description

Author: Zane Šime
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description

Author:
Publisher:
ISBN: 9789284806508
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
This study assesses the EU Global Gateway strategy in terms of its strategic governance and implementation in its first year. To this end, the Global Gateway's policy context, financial architecture and initial flagship projects were examined by means of a desk review and multi-stakeholder consultations. At the same time, a preliminary assessment was conducted using the criteria laid down by the Development Assistance Committee of the Organisation for Economic Co-operation and Development. The assessment results provide a mixed picture, especially regarding the implementation of the Global Gateway. Finally, a set of recommendations was compiled for the EU institutions, particularly the European Parliament, and the EU Member States with a view to enhancing the effectiveness, efficiency and impact of the Global Gateway and improving its democratic and budgetary oversight.

Author:
Publisher:
ISBN: 9789276995104
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
Global Gateway is a flagship European Union (EU) strategy, driven by the ambition and policy priorities for strengthening the EU's global leadership role, championing international standards and a multilateral, interdisciplinary approach to climate and energy, digital infrastructure, health, transport, education and research. The International Green Deal aims to extend the EU's stated goal of a low-carbon future and a green economic growth strategy outside of the EU. This portfolio benefits from JRC expertise in the key domains of air, water, soil and biodiversity, to provide scientific evidence, research networks and support to the innovation agenda in order to deliver a robust, science-based and integrated multi-sectoral approach to our international partnerships for sustainable development.

Author:
Publisher:
ISBN: 9789276481645
Category :
Languages : en
Pages :

Get Book Here

Book Description
The Global Gateway Africa-Europe Investment Package will support the creation of strategic, sustainable and secure transport corridors and support value chains, services and jobs that can benefit industries in both Africa and Europe. The Strategic Corridors underpin the territorial organisation - rural and urban - through reliable networks and services. The investment package will develop multi-country infrastructure by supporting investment in sustainable, efficient, and safe connectivity between both continents and updating and harmonising regulatory frameworks. Ambition by 2030: Integrate the African and European multimodal transport networks in line with the regional and continental frameworks and tailor these networks to the economic potential of an African Continental Free Trade Area.

Author:
Publisher:
ISBN: 9789276480310
Category :
Languages : en
Pages :

Get Book Here

Book Description
The EurAfrica Gateway Cable, an international submarine fibre cable connecting the EU with Africa along the Atlantic Ocean coast, will foster the digital swovereignty of the two continents by: ensuring the highest infrastructure and cyber security standards; increasing inter-continental data flows development. A secondary back-up connection to the Ella Link cable connecting Brazil to Europe via the African continent will extend the global dimension of the connectivity network and provide greater resilience against possible disruptions. The EurAfrica Gateway Cable, an international submarine fibre cable connecting the EU with Africa along the Atlantic Ocean coast, will foster the digital swovereignty of the two continents by: ensuring the highest infrastructure and cyber security standards; increasing inter-continental data flows development. A secondary back-up connection to the Ella Link cable connecting Brazil to Europe via the African continent will extend the global dimension of the connectivity network and provide greater resilience against possible disruptions.

Author:
Publisher:
ISBN: 9789276474494
Category :
Languages : en
Pages : 6

Get Book Here

Book Description
The Global Gateway Africa - Europe Investment Package aims to support Africa for a strong, inclusive, green and digital recovery and transformation by: Accelerating the green transition; Accelerating the digital transition; Accelerating sustainable growth and decent job creation; Strengthening health systems; Improving education and training. The Global Gateway Africa-Europe Investment Package will be delivered through Team Europe initiatives: the EU, its Member States and European financial institutions will work together to support concrete and transformational projects jointly identified in priority areas.