2021-2027 Regulations

Cohesion policy legislative package 2021-2027

The European Parliament adopted the political agreements on the Cohesion policy legislative package 2021-2027 of €373 billion prepared by the European commission. It is a first step that paves the way for the approval of programming documents and the effective start of projects on the ground. As ever, a spirit of partnership was key in the design of this package, and it will be crucial for a successful implementation.

The package comprises the following Regulations:

the Common Provisions Regulation (CPR) for shared management funds;
the European Regional Development Fund (ERDF) and Cohesion Fund (CF) Regulation;
the European Social Fund Plus (ESF+) Regulation;
the Interreg Regulation laying down specific provisions for the European territorial cooperation goal supported by the European Regional Development Fund and external financing instruments.

The approval of the CPR also establishes key elements for the functioning of the new Just Transition Fund (JTF) Regulation which completes the set of Cohesion policy funds available for 2021-2027.

The new Common Provisions Regulation provides a joint legal framework for eight shared management funds: the European Regional Development Fund, the Cohesion Fund, and the European Social Fund Plus, the European Maritime, Fisheries and Aquaculture Fund, the Just Transition Fund, and financial rules for the Asylum, Migration and Integration Fund, the Border Management and Visa Instrument and the Internal Security Fund.

The European Regional Development Fund and Cohesion Fund Regulation sets specific provisions for the European Regional Development Fund (€226 billion) and the Cohesion Fund (€48 billion). The ERDF will continue to contribute for strong economic and social cohesion in the European Union by correcting imbalances between its regions, while delivering on the Union's political priorities through a thematic concentration of resources, whereas CF will support projects in the field of environment and trans-European networks in transport infrastructure.

More info on 2021-2027 long-term EU budget & NextGenerationEU