Belgium
Grand Place, Brussels
[Belgium donor profile]
[Belgium is an important contributor to EIB trust funds, providing valuable support and assistance to development projects in sub-Saharan Africa and the EU's Southern Neighbourhood.]
Belgium
[Belgium donor profile]
[Belgium is an important contributor to EIB trust funds, providing valuable support and assistance to development projects in sub-Saharan Africa and the EU's Southern Neighbourhood.]
An EIB donor since 2005, Belgium has contributed a total of €9.5 million to three EIB trust funds: the FEMIP Trust Fund (FTF), which supports development projects in the EU’s Southern Neighbourhood, the innovative EU-Africa Infrastructure Trust Fund (EU-AITF), which facilitates financing for regional and cross-border infrastructure projects in Sub-Saharan Africa, and the EU for Ukraine Fund (EU4U), which supports reconstruction and recovery in Ukraine.
Donor partnerships provide an effective vehicle for donors looking to deliver sustained impact in developing countries. They enable donors to work with the EIB to unlock projects with high socio-economic returns, reaching out to people and places with additional support for targeted development outcomes. EIB activities outside the EU account for around one third of EU development aid. All contributions to EIB donor funds are considered Official Development Assistance (ODA) eligible.