The regulation sets up the Neighbourhood, Development and International Cooperation Instrument — Global Europe (NDICI-Global Europe). It is designed to uphold and promote European Union (EU) values, principles and fundamental interests worldwide in order to pursue the objectives and principles of the EU’s external action, to give the EU the flexibility to respond more quickly to new crises and challenges, to increase the effectiveness and visibility of the EU’s external policies and to strengthen their coordination with internal policies. It aims to:
contribute to the reduction and, in the long term, the eradication of poverty;
promote stronger partnerships with non-EU countries, including with the European neighbourhood, based on mutual interests and ownership, with a view to fostering stabilisation, good governance and resilience.
The regulation has a number of specific objectives:
to support and foster dialogue and cooperation with non-EU countries and regions in the European neighbourhood, in sub-Saharan Africa, in Asia and the Pacific, and in the Americas and the Caribbean;
to develop special strengthened partnerships and enhanced political cooperation with the European neighbourhood;
at global level:
to protect, promote and advance human rights, including gender equality and the protection of human rights defenders,
to support civil-society organisations,
to further stability and peace and prevent conflict, thereby contributing to the protection of civilians,
to address other global challenges such as climate change, the protection of biodiversity and the environment, and migration and mobility;
to respond rapidly to:
situations of crisis, instability and conflict — including those which may result from migratory flows and forced displacement — and hybrid threats,
Geographical — promoting partnerships through cooperation with partner countries and focusing on issues such as:
good governance;
inclusive growth;
climate and environment objectives;
poverty eradication; and
conflict prevention.
Thematic — funding actions linked to the sustainable development goals at the global level and focusing on issues such as human rights and democracy, civil society, stability and peace, along with global challenges such as:
health;
education and training;
women and children;
culture;
migration; and
climate change.
Rapid response.
Priorities
The instrument has a number of targets, including:
having at least 93% of the expenditure under the Instrument fulfil the criteria for official development assistance, established by the Development Assistance Committee of the Organisation for Economic Cooperation and Development (OECD);
focusing at least 20% of official development assistance expenditure on human development;
dedicating 30% to fighting climate change;
indicatively dedicating 10% to migration-related activities,
ensuring that at least 85% of actions have gender equality as a principal or significant objective, of which at least 5% should have gender equality as a principal objective.
Investment framework
The instrument contains an investment framework, a basis for financing external action from the geographical pillar to raise additional funds for sustainable development from the public and private sector. It consists of:
the European Fund for Sustainable Development Plus (EFSD+); and
the external action guarantee.
Budget
The financing of the instrument covers to , the duration of the MFF. It has a budget of €79.462 billion, which is broken down as follows:
geographical programmes: €60.388 billion
thematic programmes: €6.358 billion
rapid reaction operations: €3.182 billion
with an additional €9.534 cushion for emerging challenges and priorities.
Supplementing act
Regulation (EU) 2021/947 was supplemented by Commission Delegated Regulation (EU) 2021/1530 of .
Regulation (EU) 2021/947 of the European Parliament and of the Council of establishing the Neighbourhood, Development and International Cooperation Instrument — Global Europe, amending and repealing Decision No 466/2014/EU and repealing Regulation (EU) 2017/1601 and Council Regulation (EC, Euratom) No 480/2009 (OJ L 209, , pp. 1-78)
Successive amendments to Regulation (EU) 2021/947 have been incorporated into the original text. This consolidated version is of documentary value only.