COVID-19: Team Europe has delivered €47.7 billion to help its partners address the pandemic and its consequences
Since the outbreak of COVID-19 in early 2020, the EU, EU Member States and European financial institutions, as Team Europe, have disbursed €47.7 billion in support of partner countries in addressing the pandemic and its consequences, delivering on its promises with concrete results. This figure exceeds by far the initial €20 billion Team Europe support package pledged in spring 2020, which has now increased to €53.7 billion.
Team Europe's COVID-19 response is supporting over 140 partner countries. From the overall €53.7 billion Team Europe package mobilised so far, €47.7 billion have been disbursed as of 31 December 2021:
- €3 billion for emergency response to humanitarian needs
- €10.6 billion to strengthen health, water and sanitation systems
- €34.1 billion to mitigate the social and economic consequences of the pandemic, including job losses and education.