Cohesion Policy and Latvia
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In 2014-2020, Latvia will manage one operational programme for the European Regional Development Fund (ERDF), the Cohesion Fund and the European Social Fund (ESF) under EU Cohesion Policy.
How much will the EU invest in Latvia from 2014-2020?
For 2014-2020, Latvia has been allocated around € 4.51 billion in total Cohesion Policy funding:
- € 3.04 billion for less developed regions (the entire country is classified as a less developed region)
- € 1.35 billion through the Cohesion Fund
- € 93.6 million for European Territorial Cooperation
- € 29 million for the Youth Employment Initiative
Of this, the ESF will represent a minimum of € 629 million. The actual share will be set in light of the specific challenges the country needs to address in the areas covered by the ESF.
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