EU private sector strategy

Implementing the EU's private sector strategy: Where to start?

It's been over a year since the European Union outlined its detailed strategy for private sector involvement in development activities. But with fundamental questions still surrounding its operationalization, Devex decided to identify four areas where the EU can — and should — get started.

By Manola De Vos // 22 June 2015

In recent years, private sector involvement in development projects sponsored by the European Union has been on the rise — growing both in volume and scope.

Upheld for the first time in the Agenda for Change — the bloc's blueprint for development aid programming — the EU’s drive to leverage private finance in development has since then been reaffirmed in numerous policy papers and public statements.

Published in  May 2014, the European Commission’s communication on “A Stronger Role of the Private Sector in Achieving Inclusive and Sustainable Growth in Developing Countries” is the most detailed policy framework for enhanced, structured engagement of EU aid programs with the private sector.

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