Finland
Helsinki, Finland
[Finland donor profile]
[Finland 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.]
Finland
[Finland donor profile]
[Finland 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.]
Finland has been one of the EIB's donor partners since 2006. Finnish grants for the FEMIP Trust Fund (FTF) have funded technical assistance and risk capital operations for critical projects in the EU’s Southern Neighbourhood. It is also providing financial support to infrastructure projects in sub-Saharan Africa as a contributing member of the EU-Africa Infrastructure Trust Fund (EU-AITF). Finland is also a contributor to the ACP Trust Fund, which promotes growth and prosperity in African, Caribbean and Pacific countries, as well as to the EU for Ukraine Fund (EU4U), which supports the recovery and reconstruction of 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.