(09 December 2020) – The Commission welcomes today’s political agreement reached by the European Parliament and EU Member States on the proposal for post-2020 on the European Regional Development Fund (ERDF) and the Cohesion Fund (CF).
This is the fourth file related to cohesion policy where trilogue negotiations are concluded, pending the final approval of the legal texts by the European Parliament Plenary and the Council.
With a budget of close to €234 billion (in 2018 prices), the European Regional Development Fund and the Cohesion Fund regulation will allow the EU to respond to current challenges by boosting sustainable development and resilience in European regions and communities.
The funds will support, in particular, investments in innovation and entrepreneurship, the digital and green transition and transport networks.