Since the outbreak of COVID-19 in early 2020, the EU, EU Member States and European financial institutions, as Team Europe, have disbursed €34 billion in support to partner countries in addressing the pandemic and its consequences, delivering on its promises with concrete results. This disbursement already exceeds by far the initial €20 billion Team Europe support package pledged in spring 2020, which has now increased to €46 billion.

From the overall €46 billion, €34 billion have been disbursed as of April 2021: €1.8 billion on emergency response to humanitarian needs, €6.3 billion on strengthening health, water and sanitation systems, and €25.8 billion on mitigating the social and economic consequences of the pandemic, including job losses and education.

The current state-of-play of disbursements relative to commitments by region as of April 2021 is as follows:

• Neighbourhood: €10.3 billion out of €13.8 billion
• Sub-Sahara Africa: €6.7 billion out of €8.1 billion
• Western Balkans and Turkey: €4.9 billion out of €5.8 billion
• Asia and the Pacific: €2.7 billion out of €3.2 billion
• Latin America and the Caribbean: €1.5 billion out of €3.0 billion
• Africa, Caribbean and Pacific, regional: €445 million out of €658 million
• Overseas territories and Greenland: €203 million out of €627 million
• Global programmes: €5.1 billion out of €7.5 billion

The EU has also played a leading role in setting up the COVAX Facility, the only global initiative supporting fair distribution of vaccines around the world, with a focus on low- and middle-income countries. As of June 2021, Team Europe’s contribution for the COVAX Facility is over €3 billion.

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