Context

Many partner countries still face barriers that make it harder to attract investment, create jobs and improve business conditions. In particular, weak regulatory frameworks and limited reform processes often discourage public and private investment. At the same time, many business environments still have obstacles to women’s economic participation. To address these challenges, the European Union’s Global Gateway strategy combines infrastructure investment with reforms that improve the conditions for investment. In this context, the Global Gateway Investment Climate Reform (GG ICR) Facility supports local stakeholders in Latin America, the Caribbean, sub-Saharan Africa, Asia and the Pacific.

Objective

The GG ICR Facility has helped create a more inclusive and supportive business environment in which businesses can grow, create decent jobs and contribute to long-term growth for all.

Approach

The Facility provides tailored advisory services that address country priorities and link them directly to Global Gateway initiatives, corridors and investments. It works based on requests from public and private business associations, as well as development finance institutions to:

• Optimise regulatory reforms and economic policy frameworks that support investment and business development
• Integrate gender mainstreaming, environmental, social and governance (ESG) standards, and peer exchanges that share solutions

Improve cooperation by facilitating public-private dialogue and connecting businesses, government and civil society to promote coordination, transparency and trust among organisations involved in investment.

Last update: August 2026