The emergency aid reserve (EAR) is intended to allow for a rapid response to specific aid requirements of third countries following events which could not be foreseen when the budget was established, first and foremost for humanitarian operations, but also for civil crisis management and protection, and situations of particular pressure resulting from migratory flows at the Union’s external borders where circumstances so require.
Le mécanisme apporte une garantie partielle couvrant jusqu’à 90 % des premières pertes résultant de défaillances des bénéficiaires finaux, dans la limite d’un plafond de garantie égal à 18 % du portefeuille de prêts.