Five key objectives will drive EU investments in the seven years between 2021 and 2027. Investments in regional development will be focused on Priority Axes 1 and 2 in particular. Between 65 % and 85 % of the resources of the European Development Fund (ERDF) and the Cohesion Fund will be earmarked for these priorities, based on the relative prosperity of the Member States:

  • A smarter Europe, through innovation, digitisation, economic transformation and support to small and medium-sized businesses;
  • A more ecological, carbon-free Europe, that applies the Paris Agreement and invests in energy transition, renewable energies and the fight against climate change;
  • A more connected Europe, with strategic transport and digital networks;
  • A more social Europe, that makes the European Pillar of Social Rights a reality and supports quality employment, education, educational and professional capabilities, social inclusion and equal access to healthcare;
  • A Europe closer to its citizens, that supports local growth management strategies and contributes to sustainable urban development all over the EU.
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