About the programme
The European Union is the world’s biggest donor of development assistance, the first trading partner and the first foreign investor for almost every country in the world.
The 2021-2027 budget will increase the effectiveness and visibility of the EU’s external policies, strengthen coordination with internal policies and give the EU the flexibility needed for a faster response to new crises and challenges.
The instrument will channel the biggest share of external action funds, with a budget of €79.5 billion. It will be the EU’s main tool to contribute to eradicating poverty and promoting sustainable development, prosperity, peace and stability.
Multi-annual programmes will be finalised in the second semester of 2021.
Budget and performance
Includes performance highlights, key performance indicators, and the performance framework and assessment.
Programme features
- Programme duration
2021-2027
- Lead services
- Predecessor programmes
Development Cooperation Instrument (DCI); European Neighbourhood Instrument (ENI); Partnership Instrument; European Instrument for Democracy and Human Rights (EIDHR); European Fund for Sustainable Development (EFSD); Instrument contributing to Stability and Peace (IcSP)
- Management mode
Direct and indirect management
- MFF heading
Neighbourhood and the World
- Cluster
External Action
- Climate contribution
30% (ℹ) (target)
- Total budget 2021-2027
€ 80.59 billion (ℹ) (current prices), of which € 1.13 billion of reflows from the European Development Fund (indicative amount)
- Relevant regulation