Mayors for Economic Growth (M4EG) is a new initiative of the European Union, which was set in operation in January 2017 within the Eastern Partnership framework. The M4EG Secretariat is the main executive body in charge of the Initiative implementation in the region.

Our overall goal is to support Mayors and municipalities of the Eastern Partnership countries to become active facilitators for economic growth and job creation at the local level.

Mayors for Economic Growth has an ambition to grow into an extensive professional community across the region, which will require certain commitments from its members, but which offers solid expert and peer-to-peer support, assistance in broadly sharing successes, as well as other significant economic, political and reputational gains.

Approach How it works How to join


The Mayors for Economic Growth approach is based on the following considerations:
  • Worldwide, the private sector is the key driver of economic growth and development.
  • All regions, cities and localities have particular strengths that can be harnessed to generate growth and employment.
  • Public private dialogue and cooperation plus engagement with civil society actors is key to unleashing local economic potential.
  • Local administrations are uniquely positioned to initiate and implement bottom-up actions to facilitate growth.
  • To achieve tangible results, these actions will most likely need to address several of the following “building blocks” of issues, comprising the main factors stimulating growth and employment. They are:
  • Regulatory and Institutional Framework
  • Access to Finance
  • Land and Infrastructure
  • Skills and Human Capital, Inclusiveness
  • External Positioning and Marketing
The internal motivation, preparedness, and adequate capacity of the local public authorities to manage local economic growth are characteristic of every territory with a successful local economy. Therefore, participation in the Mayors for Economic Growth Initiative is voluntary to reflect the following two key underlying local preconditions for private sector growth, namely: Business-friendly, Transparent and Corruption-Free Administration Local Cooperation and Networking