Access to finance
Investing in Europe's security
Making the European defence technological and industrial base fit for the new strategic environment is a long-term endeavour and will require commensurate financial resources. It is therefore crucial to ensure enduring defence investment at national and EU level. Logically this must also mean considerably increasing the budget-line for security and defence in EU Multiannual Financial Frameworks.
Equally important is the facilitation of defence companies’ access to private finance. To achieve this objective, the EU and Member States should take political and regulatory measures that ensure the shift to sustainable finance does not negatively impact defence companies. There is no sustainability without security, and no security without the defence industry.
Due to the rise of hybrid warfare, it is also essential that the civilian security industries be considered in a comprehensive EU security industrial policy. The high-end security sector should be treated as an integral part of the Aerospace & Defence ecosystem and benefit from adequate financing – both in terms of resources and funding mechanisms
ASD Papers
Explore ASD papers on issues relating to access to finance for the aerospace and defence industry
Access to Private Funding for the Defence IndustryExplore ASD's insights on private funding challenges in the European defence industry. Learn about strategic measures and recommendations for a level playing field
Sustainability and the European Defence IndustryDiscover the symbiotic relationship between sustainability and defence in Europe. ASD's position paper highlights the positive contributions of the defence industry, and urges coherence in EU policies.
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Newsweek quotes ASD on finance barriers undermining Europe’s defenceIn a Newsweek article this week, ASD Secretary General Jan Pie is quoted on the challenges posed to Europe’s defence industry by environmental, social, and governance (ESG) criteria, warning that these restrictions are playing into Russia’s hands.
Euractiv features ASD's insight into EU defence funding challengesIn an article in Euractiv this week, the issue of EU defence reform – centred on increasing cross-border cooperation in production and enabling long-term procurement – was explored as clarity is sought ahead of intense budget negotiations. While the Europ...
La Libre Belgique interview with ASD's Burkard Schmitt on Defence FinanceMaria Udrescu’s article in La Libre Belgique looked at the debate within the EU on financing defence readiness and capabilities. Burkard Schmitt, ASD’s Defence & Security Director was quoted:
ASD Sec Gen quoted in Euractiv article on funding for defence industryAn article by Aurélie Pugnet published by Euractiv this week speculated on the European Commission's efforts to finalise funding solutions for the EU's defence industry ahead of a summit on 27 June. Internal Market Commissioner Thierry Breton has said €10...
Euractiv: Pressure Mounts on Finance Chiefs to Tweak EIB, Taxonomy Rules in Boost to DefenceAn article by Euractiv looks at calls within the EU to revise investment regulations and stimulate funding in defence assets. The article notes that some member states are calling for amendments to criteria governing the European Investment Bank (EIB) and...