It will ensure a balanced recovery, fostering convergence and making sure no one is left behind thanks to additional funding and a modern policy fit for the new challenges ahead. The REACT-EU package will make €55 billion of additional funds available throughout 2020 - 2022 for the most important sectors that will be crucial for a sound recovery. For the 2021-2027 programming period cohesion policy will be more flexible and better prepared to support economic competitiveness through research and innovation, digital transition as well as the European Green Deal agenda and the promotion of the European Pillar of Social Rights.