Team Europe continues to deliver with more than €26 billion disbursed in support to partner countries in one year

One year ago today, the European Commission and the High Representative set out plans for a targeted EU response to support partner countries’ efforts in tackling the Coronavirus pandemic combining resources from the EU, its Member States and European financial institutions, as ‘Team Europe’. By 1 January 2021, Team Europe had already supported partner countries around the world with more than €26 billion, 65% of the overall response package that now stands at over €40 billion and exceeding the original €20 billion pledged.

Team Europe is also working to ensure global, equitable access to COVID-19 vaccines and supporting the rollout of vaccination campaigns, while exploring possibilities for boosting local manufacturing capacity. The EU played a leading role in setting up the COVAX Facility, the global initiative that allows for high-income countries to fund vaccines for low and middle-income countries and where Team Europe is one of its leading donors, with over €2.2 billion.