in the building and reconstructing of infrastructure such as roads, markets, schools, hospitals and government offices. Training centres have also been established for skills acquisition.Socio-economic recovery and sustainable development are key to the stabilisation strategy. With its focus on humanitarian and development funding, existing EU support is constrained in its ability to promote economic growth.
Attracting investment into regions suffering from protracted conflict is a tall order, but the Global Gateway hopes to incentivise the European private sector to invest in apparent high-risk areas. The plan also focuses on security - and the combination of these elements presents a compelling case for the Lake Chad Basin. The intersection between climate change and regional security makes local projects a great fit, given the focus on climate resilience projects.
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