European Regional Development Fund (ERDF)

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The ERDF was set up in 1975 and provides financial support for the development and structural adjustment of regional economies, economic change, enhanced competitiveness as well as territorial cooperation throughout the EU. The Fund supports projects under the 5 policy objectives of EU cohesion policy and focuses in particular on objective 1 (a more competitive and smarter Europe) and objective 2 (a greener Europe, low‑carbon transitioning towards a net zero carbon economy), as well as on sustainable urban development. Operations supported from the ERDF are expected to contribute 30 % of the overall financial envelope of the ERDF to climate objectives.

The ERDF also funds cross-border, interregional and transnational projects under the European territorial cooperation objective.

Viac informácií

• European Regional Development Fund
• Policy objectives