RUSI calls for joint NATO defence financing instrument
A RUSI report proposes a joint NATO defence financing instrument to improve capital access and incentivize joint procurement among alliance members.
A report by the Royal United Services Institute (RUSI) has recommended that NATO allies establish a collective defence financing instrument. The proposed mechanism would supplement national defence budgets, improve capital access for defence companies, and encourage joint military procurement among member nations.
The policy proposal follows discussions at the NATO summit in Ankara, where national leaders, including British Prime Minister Keir Starmer, faced domestic debate regarding defence spending priorities. Analysts suggest that creating a shared financial mechanism could help alleviate political pressure on individual governments while accelerating cross-border procurement efforts across the alliance.
Sources: RUSI.