Reform of EU Regional Development and Cohesion Funds

Summary

A proposal to reform the ERDF and Cohesion Fund, focusing on digital, green, and social inclusion goals.
10 30.06.2021
Other
economy
transport
environment
social policy
european union
administrative law
public administration
public finance and budget policy

Key points

  • The regulation establishes a new framework for the ERDF and Cohesion Fund to support economic, social, and territorial cohesion.
  • Investment priorities are organized into five main policy objectives, including smart economic transformation and green/low-carbon transitions.
  • Member States are classified into three groups based on their economic development to determine funding eligibility.
  • Specific activities are excluded from funding, such as nuclear power and tobacco-related investments.
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