breadcrumb.ecName
en English

Strategic report 2021 on the implementation of the European Structural and Investment Funds

Reports

Date: 17 dec 2021

Theme: Business support, Energy, Environment, Transport, Urban development, Evaluation, Research and innnovation, Research & Development, Social inclusion, Jobs, Education and Training

Languages:   de | en | fr

The implementation of the European Structural and Investment Funds (ESI Funds) in 2020 took place in an extraordinary and challenging year. The public health crisis, and the ensuing economic shock have fundamentally changed our communities and our daily lives. EU support was mobilised to provide a swift response to emergency, while developing unprecedented recovery solutions to help our communities overcome the great difficulties they faced. EU policies were adapted with great speed and flexibility, offering immediate liquidity, financial support to meet urgent needs, and supporting Member States to manage the shock to their economies and societies.

At the same time, the EU is at a turning point. To come out of the crisis stronger and more resilient, Europe needs to speed its twin transitions towards a green and digital Europe. The ESI Funds are in the front line of this endeavour.

As one of the largest investment instruments under the EU budget, the ESI Funds support the territorial, economic and social cohesion of Europe’s regions, as well as their resilience and recovery from the crisis faced in the past years. They comprise of:

·the European Regional Development Fund (ERDF); 

·the European Social Fund (ESF); 

·the Cohesion Fund (CF); 

·the European Agricultural Fund for Rural Development (EAFRD) and

·the European Maritime and Fisheries Fund (EMFF).

The implementation of the European Structural and Investment Funds (ESI Funds) in 2020 took place in an extraordinary and challenging year. The public health crisis, and the ensuing economic shock have fundamentally changed our communities and our daily lives. EU support was mobilised to provide a swift response to emergency, while developing unprecedented recovery solutions to help our communities overcome the great difficulties they faced. EU policies were adapted with great speed and flexibility, offering immediate liquidity, financial support to meet urgent needs, and supporting Member States to manage the shock to their economies and societies.

At the same time, the EU is at a turning point. To come out of the crisis stronger and more resilient, Europe needs to speed its twin transitions towards a green and digital Europe. The ESI Funds are in the front line of this endeavour.

As one of the largest investment instruments under the EU budget, the ESI Funds support the territorial, economic and social cohesion of Europe’s regions, as well as their resilience and recovery from the crisis faced in the past years. They comprise of:

·the European Regional Development Fund (ERDF); 

·the European Social Fund (ESF); 

·the Cohesion Fund (CF); 

·the European Agricultural Fund for Rural Development (EAFRD) and

·the European Maritime and Fisheries Fund (EMFF).