European Peace Facility
The European Peace Facility is an off-budget instrument that enhances the EU’s ability to act as a global security provider. It was established on 22 March 2021 by Council Decision (CFSP) 2021/509 based on Articles 30(1) and 41(2) of the Treaty on European Union. It is an instrument aimed to preserve peace, prevent conflicts and strengthen international security.
The EPF consists of two pillars – one for military operations and one for assistance measures.
Currently, the EPF fund for the time period of 2021-2017 is worth over 17 billion EUR.
Read more about EPF: European Commission, European Council, European Union External Action Service
The CVPA acts as the Implementing Actor for 5 EPF projects: