Brussels: European Think Tanks Group, ETTG Paper (October 2021)
The COVID-19 crisis has created a dire need for the active facilitation of sustainable investment to promote an inclusive, gender-sensitive and green recovery. The partnership between the European Union (EU) and the African Union (AU), and their respective member states, can provide a strategic and institutional framework for stimulating sustainable investment in a collective manner. Such investment is needed to fuel the recovery process, to help countries build back better and greener, while providing decent jobs, particularly for young people and women. The AU-EU Africa Summit, set for February 2022, provides an important opportunity for the two continents to strengthen their partnership, and ensure that sustainable and inclusive investment priorities are at its core. To this end, the Summit should recognise priority investment areas and processes through which these can be promoted, as well as present several concrete flagship initiatives.