The aim of the EU Cohesion Policy is to reduce economic and social disparities between regions in Europe – largely through the European Structural and Investment Funds (ESIF).
Health has increasingly been recognised as an important asset for regional development and competitiveness and is eligible to receive ESIF for invesments under various objectives:
- European Regional Development Fund – funds health infrastructure and equipment, e-health, research and support to SMEs
- European Social Fund – funds health activities linked to active and healthy ageing, health promotion and addressing health inequalities, support to the health workforce and strengthening public administration capacities
The principles of ESIF 2014-2020 ensure that funding is used effectively by national and regional authorities and that it responds to an overall policy strategy.