The Commission's proposal for the 2028-2034 Global Europe instrument seeks to ensure a more strategic approach, in line with the objectives of the EU's internal policies – particularly migration control, while taking on board EU and partner countries' mutual interests. It deeply restructures the EU's external financing architecture, introducing a new system of geographic pillars, a global pillar, and a flexible 'cushion', while integrating several existing instruments ranging from development cooperation to humanitarian aid and pre-accession support. Current spending targets, including those on gender and climate, would be removed in favour of broader indicative commitments. The proposal aims to increase responsiveness to crises and geopolitical challenges, however it significantly expands the Commission's discretion over spending, raising concerns about transparency, predictability and parliamentary oversight. Source : © European Union, 2026 - EP Read more