Programme description
The European Commission adopted the single multi-fund cohesion policy programme for the period 2021-2027 in Latvia on 25 November 2022. The programme paves the way for investments from the European Regional Development Fund, the Cohesion Fund, the European Social Fund+ and the Just Transition Fund. The cohesion policy funds will boost the development of the country towards a more competitive, greener and fairer economy.
The funds will be invested to increase Latvia’s level of research and innovation, in particular via investments in innovative Small and Medium-Sized Enterprises (SMEs) and trainings to increase the general level of basic digital skills.
In line with the European Green Deal, the funds will be invested in energy-efficiency measures reducing greenhouse gas emissions and at the same time reducing energy poverty. The CF and ERDF will invest in sustainable modes of transport including railways and better tram and cycling infrastructure in cities. The JTF will mainly invest in the restoration of peatlands, which as a natural carbon sink are reducing greenhouse gas emissions.
The investments will also allow more people to acquire labour market relevant skills at all education levels necessary for a digital and green transition, including life-long-learning. They will improve access to early childhood care, education and social housing.
Financial information
Breakdown of finances by priority axis
| Priority Axis | EU Investment | National Public Contribution | Total Public Contribution |
|---|---|---|---|
| CF | 958.813.128,00 | 169.202.318,00 | 1.128.015.446,00 |
| ERDF | 2.562.898.835,00 | 452.276.270,00 | 3.015.175.105,00 |
| ESF+ | 688.430.137,00 | 121.487.673,00 | 809.917.810,00 |
| JTF | 191.606.819,00 | 33.812.969,00 | 225.419.788,00 |
| Total | 4.401.748.919,00 | 776.779.230,00 | 5.178.528.149,00 |
Priorities and Specific Objectives
Social Europe
Access to employment and activation measures for all
Equal access to quality social and healthcare services
Social integration of people at risk
Improving education and training systems
Quality and inclusive education and training systems
Lifelong learning and career transitions
Active inclusion and employability
JTF specific objective
Just Transition Fund
Smarter Europe
Enhancing research and innovation
Reaping the benefits of digitisation
Growth and competitiveness of SMEs
Skills for smart specialisation and transition
Digital connectivity
Greener Europe
Energy efficiency
Renewable energy
Climate change adaptation
Sustainable water
Circular economy
Nature protection and biodiversity
Sustainable urban mobility
Connected Europe
Sustainable TEN-T
Social Europe
Education and training infrastructure
Integration of marginalised communities
Access to health care
Culture and sustainable tourism
Europe closer to citizens
Integrated development in urban areas