This evaluation of the EU budgetary guarantee underpinning the European Investment Bank’s External Lending Mandate has been undertaken in response to a request by the European Parliament and the Council. It reviews the implementation of Decision 466/2014/EU in 2014-18 and provides input for the design of the new External Action Guarantee in the context of the post-2020 Neighbourhood, Development and International Cooperation Instrument.
The evaluation by Commission staff was conducted in 2019 and builds on an external study undertaken in 2018 by Ecorys and CEPS.
Evaluation – Staff Working Document (SWD(2019) 333 final)
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Executive summary of the evaluation – Staff Working Document (SWD(2019) 334 final)
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Opinion of the Regulatory Scrutiny Board
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External study by Ecorys and CEPS
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Terms of reference for the external study
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