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EU regional and urban development

Key achievements of Regional Policy 2014-2020 - Latvia

Cohesion policy – funded by the ERDF, ESF and Cohesion Fund – is the largest source of direct EU budget investments in the period 2014-2020. These three funds will enable a total investment of EUR 522 billion, with EU budget financing of EUR 388 billion at the end of 2021.

Below you find a presentation of selected investment targets and the progress made so far in achieving those targets organised under the three headings of A Smart Europe, A Sustainable Europe and An Inclusive Europe. Key investment areas include research and innovation, the digital economy, SMEs, low carbon economy, environmental and climate action, network infrastructures, labour market, social inclusion and human capital.

The filter allows you to view the specific contribution by country.

The text below draws mainly on achievement targets at the end of 2020 (unless otherwise stated). A comprehensive presentation on the scope of financing and the achievement of investment targets is presented on the Cohesion Open Data Platform. There you can find charts by theme, country, programme and Fund.

The indicator tiles present 3 measures:

  • Target value: the targets set in the adopted programmes and information reported annually by the programmes on implementation
  • the indicator forecasts linked to decided selected projects
  • the implemented values

A Smart Europe

Significant ERDF resources are allocated to strengthen research, technological development and innovation, to enhance access to the digital economy and IT services and to boost the competitiveness of SMEs. A selection of key investment indicators are presented below.

Firms supported

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Jobs created in firms

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A Sustainable Europe

Investments to support the shift towards a low-carbon economy in all sectors, to preserve and protect the environment, to boost resource efficiency and to promote climate change adaptation, risk prevention and management are at the heart of the ERDF and CF investments to forge a greener Europe. A selection of key investment indicators are presented below.

Reduced energy consumption in public buildings

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People with improved waste water treatment

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Roads constructed or upgraded

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An Inclusive Europe

Promoting sustainable and quality employment, social inclusion, combating poverty and discrimination and investing in education, training and vocational training for skills represent the main social pillars of the ESF and ERDF during 2014-2020. A selection of key investment indicators are presented below.

ESF/YEI participants, in education, training, receiving employment support and social inclusion

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