The Commission has released financial data on cohesion policy implementation in the first half of 2020 on the ESIF Open Data Platform (https://cohesiondata.ec.europa.eu/overview ). More than EUR 23 billion was invested across the Union under the 4 cohesion policy funds. This represents a 5% point increase in investment spending since the end of 2019 – with a total of EUR 204 billion (43%) of the planned EUR 480 billion for 2014-2020 now invested. The modest increase in spending
- 04 September 2020
The Commission has released financial data on cohesion policy implementation in the first half of 2020 on the ESIF Open Data Platform (https://cohesiondata.ec.europa.eu/overview ). More than EUR 23 billion was invested across the Union under the 4 cohesion policy funds. This represents a 5% point increase in investment spending since the end of 2019 – with a total of EUR 204 billion (43%) of the planned EUR 480 billion for 2014-2020 now invested. The modest increase in spending compares to the first half of 2019 when an overall 5% increase was also reported. This suggests that the rate of investment implementation did not slow down particularly in the exceptional climate during the first phase of the COVID-19 pandemic.
The planned cohesion policy response to the COVID-19 pandemic is not yet present in this most recent data to end June 2020. A significant reprogramming effort is underway under the Coronavirus Response Investment Initiative put in place in April. Significant changes are taking place in many national and regional cohesion policy programmes to support their COVID-19 response. We expect to see a large rise in expenditure in the next financial data reports due later this year and in early 2021.
For full financial details by country and programme see the charts on the #ESIFopendata platform:
- Fund pages: see ERDF, ESF, Cohesion Fund and YEI : https://cohesiondata.ec.europa.eu/funds
- Country Pages: https://cohesiondata.ec.europa.eu/countries
- Programme pages: https://cohesiondata.ec.europa.eu/programmes