Cohesion Policy plays an important role in supporting the EU’s transition to a low-carbon economy, in line with the Energy Union strategy.
For the 2014-2020 funding period, the rules on the European Regional Development Fund (ERDF) required Member States for the first time to allocate a mandatory minimum proportion of the available funding to the low-carbon economy:
- 20% of national ERDF resources in more developed regions
- 15% in transition regions
- 12% in less developed regions
Member States have gone well beyond this minimum proportion, and €40 billion from the ERDF and Cohesion Fund are now scheduled to be invested in the low-carbon economy during 2014-2020 (twice the amount spent in this area during the previous funding period).
This will help Member States, regions, local government and cities to implement much needed investments in energy efficiency in buildings, renewable energy, smart distribution electricity grids or sustainable urban transport and also in research and innovation in these areas. These investments will help to decrease costly energy imports, diversify our energy sources, tackle energy poverty, cut emissions, create jobs and support small and medium sized businesses.
It is also possible to receive support for investments in sustainable transport and mobility and smart energy distribution, storage and transmission systems under thematic objective 7
- Financing the energy renovation of buildings with Cohesion Policy funding
- How EU Cohesion Policy is helping to tackle the challenges of climate change and energy security
- Connecting Smart and Sustainable Growth through Smart Specialisation - A practical guide for ERDF Managing Authorities
- Thematic Guidance Fiche 'Renewable energy and smart grids investments'
- Thematic Guidance Fiche 'Energy Efficiency Investments'
- Thematic Guidance Fiche 'Sustainable Multimodal Urban Mobility'
- Factsheet on the contribution of ESI Funds to the Commission's priorities: The Energy Union and Climate-change policies
- Research and innovation
- Information and communication technologies
- SME competitiveness
- Low carbon economy