Bolivia

Bolivia, a landlocked nation abundant in natural resources, features diverse landscapes from the Andes mountains and the Atacama desert to the Amazon rainforest. Its reliance on the extraction sector makes it vulnerable to external shocks and climate change. With nearly 40% of its population living below the poverty line, Bolivia faces significant wealth distribution inequalities and a strong informal sector.

EU relations with Bolivia are not formalised, although trade relations are guided by the Generalised Scheme of Preferences. Nevertheless, there's a continued commitment to support Bolivia's democratic development aligned with EU values.

Under the Global Gateway Investment Agenda, Bolivia's two priority areas are critical raw materials, particularly green lithium, and renewable energy. The Team Europe Initiative in Bolivia brings together funds from the EU and EU member states around the topic ‘Green and Resilient Development’. The objective is to foster a green transition to a low-carbon, resource-efficient, and climate-resilient economy. This initiative targets three key components: (i) sustainable and climate-resilient landscapes, (ii) green energy, and (iii) circular economy in sustainable cities.

The Multi-annual Indicative Programme (MIP) 2021-2027 for Bolivia, aligning with both EU priorities and Bolivia's Social and Economic Development Programme (PDES 2021-2025), focuses on two priority areas: 'Environment, Climate Change, and Inclusive Economic Development' and 'Good Governance and Human Rights', with a total allocation of €104 million.

The Annual Action Plan for 2022 outlines three actions: climate change adaption, good governance, and combating gender-based violence. 

The Annual Action Plan for 2023 focuses on water management and countering illicit drug trafficking, including a blending or guarantee scheme for water and sanitation projects.

EU Delegation to Bolivia