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NATO approves 6.5 bln euro joint funding plan for 2027-2031

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NATO approves 6.5 bln euro joint funding plan for 2027-2031

NATO has approved a 6.5 billion euro joint funding plan for 2027-2031, the alliance announced on Wednesday. The plan sets financing limits for NATO's Military Budget, Civil Budget, and Security Investment Program. It also includes a 27 billion euro investment to modernize fuel supply infrastructure.

Funding Plan Details

The North Atlantic Council formally approved the 2027-2031 Common Funding Resource Plan, according to a NATO statement. The plan raises total common funding to up to 6.5 billion euros, providing allies with a clear forward-looking view of NATO's expected resource needs. It ensures sustained common financing aligned with the alliance's increased ambitions in a more challenging security environment.

Fuel Infrastructure Investment

NATO also approved the Fuel Supply Chain Capability Program Plan, backed by 27 billion euros in investment. The plan will modernize existing fuel storage and distribution infrastructure and build new facilities, including pipelines, in the eastern and southeastern parts of the alliance. This aims to secure energy supply needed for NATO forces' combat readiness.

Support for Ukraine

The funding plan also allocates resources for priority support to Ukraine, including the NATO Security Assistance and Training Initiative (NSATU) and the NATO-Ukraine Joint Analysis, Training and Education Centre (JATEC). NATO emphasized that common funding supports capabilities and infrastructure that help ensure the security of approximately 1 billion citizens.

What's Next

NATO allies will now begin implementing the funding plan, with the first annual budgets to be finalized by the end of 2026. It remains unclear how individual member states will adjust their national contributions to meet the increased common funding targets.

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NATO approves 6.5 bln euro joint funding plan for 2027-2031