Press Statement of the EU Alliance for Investing in Children on the occasion of the European Parliament’s adoption of the European Fund for Strategic Investments
25/06/2015 – The EU Alliance for Investing in Children welcomes the European Parliament’s adoption of the European Fund for Strategic Investments (EFSI) – yesterday during their plenary session in Brussels. MEPs have added important provisions on how the EFSI should be allocated which will ensure long-term strategic investments and societal progress, such as investment in targeted social policies in line with the 2013 Social Investment Package and support of projects in the fields of human capital, culture, education and health. In addition, we welcome the inclusion that the EFSI should contribute to achieving the Europe 2020 targets.However, the Alliance for Investing in Children regrets that investing in education from an early age is no longer explicitly mentioned in the adopted text. There is considerable evidence on the benefits of investing in early childhood education and care for all children for achieving long term results in tackling poverty, exclusion and unemployment.
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