Parliament backs European Fund for Sustainable Development, aimed at mobilising 44 billion for investment in Africa
(WorldNews Environment)

The European Parliament today backed the Commission proposal for a European Fund for Sustainable Development (EFSD). The fund will bring together a new EFSD Guarantee Fund and existing tools into a single fund aimed to boost investment in Africa and help tackle the root causes of the migration crisis. S&D Spokesperson for the Parliament`s Budget Committee and co-author of the report Eider Gardiazabal Rubial, said: `Europe has a...