In 2014-2020, Finland will manage two operational programmes under EU Cohesion Policy (one for mainland Finland and one for the Åland Islands) which will receive funding from the European Regional Development Fund (ERDF) and the European Social Fund (ESF).
How much will the EU invest in Finland from 2014-2020?
For 2014-2020, Finland has been allocated around € 1.47 billion (current prices) in total Cohesion Policy funding:
- € 999.1 million for more developed regions (all)
- € 161.3 million for European Territorial Cooperation
- € 305.3 million for the northern sparsely populated regions
Of this, ESF in Finland will represent a minimum of € 515 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.