The European Social Fund Plus, part of the EU’s budget from 2021-2027, will be the main financial instrument to strengthen Europe’s social dimension, by putting the principles of the European Pillar of Social Rights into practice.
It is the new 'simpler but stronger’ version of the existing European Social Fund.
ESF+ resources will be allocated to key political priorities and citizens’ concerns:
ESF+ will be more coherent with and complementary to other Funds that provide support to people, such as Erasmus, the Asylum and Migration Fund, the European Globalisation Adjustment Fund and the Reform Support Programme
The Commission is proposing a total budget of €101 billion in current prices for the period 2021–2027. The European Social Fund Plus is the result of a merging of the existing European Social Fund, the Youth Employment Initiative (YEI), the Fund for Aid to the Most Deprived (FEAD), the EU Programme for Employment and Social Innovation (EaSI) and the EU Health programme.
The different components will be broken down as follows:
The proposal has been voted on by the Employment Committee at the European Parliament. It will be reviewed by the Council of the EU.