The EU Investment Plan: Investing in Social Care & Support
Maison des Associations Internationales, Brussels
27th November 2017
Social Services require investment. Many Social Service providers increasingly need loans; yet often struggle to access them at good rates. The European Union has launched an initiative which could facilitate access to loans at better rates. The initiative is called the EU Investment Plan.
The EU Investment Plan’s primary instrument is the European Fund for Strategic Investment (EFSI), which uses European public money to increase private investment of up to €350 billion into the real economy. It aims particularly to support financing into projects considered strategically important, yet risky. This includes the social sector. It does so by reducing the risk for private investors, who therefore are more willing to provide good rates for projects deemed risky.
EFSI (and other instruments) could be a game-changer in financing the development of Europe’s social infrastructure, an essential component for inclusive growth and social cohesion. To date, EFSI has been barely used by the social services sector. The High Level Conference will be the opportunity to discuss proposals in view of unlocking investment in Social Services and ensuring that all people have access to the quality care and support services they need or may need in the future.
For more information, please visit www.socialinvestment.eu
The Organisers of the conference are EASPD & European Policy Centre.
The programme for the conference is available here.
The Conference webpage with more details is available here.
Deadline for Registration: 20th November
Languages: English and Français
Thomas Bignal, Investment Policy Advisor, EASPD.
T. +32 (0) 2 233 77 23