Brussels Daily
15 Feb 2019


Brussels Daily

EU mobilizes € 45 million for small farms in rural Africa

Commissioner for International Cooperation and Development Neven Mimica is in Rome today for the launch of the new Agribusiness Capital Fund (ABC), which will help achieve the objectives of the Africa-Europe Alliance for Investment and Development. sustainable jobs. Speaking at the launch of the fund, organized by the International Fund for Agricultural Development (IFAD), Commissioner Mimica said: “The EU is committed to boosting investment in agricultural enterprises, enhancing livelihoods and to create sustainable jobs in rural areas, particularly in communities that are traditionally underserved. The ABC fund will allow us to do that, and that is why it has our full support. The EU has made 45 million euros available to the fund. In addition, the Government of Luxembourg and the Alliance for a Green Revolution in Africa, an international non-governmental organization, contribute 5 million euros and 5 million dollars respectively to the fund. The fund is set up by IFAD. For more details, the full press release is available online. (For more information: Carlos Martin Ruiz From Gordejuela – Tel .: +32 229 65322, Christina Wunder – Tel: +32 229 92256)

EU invests €116.1 million to improve the quality of life of Europeans

The European Commission today announced an investment of €116.1 million for the latest integrated projects to be funded under the LIFE programme for the Environment and Climate Action. The funding will support projects in Austria, Bulgaria, Czechia, Estonia, Finland, Greece, Hungary, Italy, Portugal and Slovenia. Commissioner for the Environment, Maritime Affairs and Fisheries Karmenu Vella said: “LIFE Integrated Projects are a perfect example of EU funds making a real difference on the ground, improving the quality of life of millions of European citizens. The new investment will help Member States to tap into resources to respond to citizens’ concerns on air and water quality and halt the loss of biodiversity.” Commissioner for Climate Action and Energy, Miguel Arias Cañete said: “The Commission proposed to build on the positive experience with climate mainstreaming and further strengthen climate action in the next EU long-term budget. This increase in ambition will strengthen climate action in key areas, such as agriculture and rural development and external action, and increase dedicated funding for climate action under the LIFE programme.” A full press release and Annex are available online. (For more information: Enrico Brivio – Tel.: + 32 229 56172; Anna-Kaisa Itkonen – Tel: +32 229-56186; Daniela Stoycheva – Tel.: +32 229 53664; Lynn Rietdorf – Tel: +32 229-74959)

Read the European Commission – Daily News in full here

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