Cohesion policy is the EU’s main investment policy for regions and cities. It is delivered through three main funds: the European Regional Development Fund (ERDF), the Cohesion Fund (CF) and the European Social Fund (ESF). Fostering the shift towards a low-carbon economy; promoting climate change adaptation, resource efficiency and sustainable transport are among the priorities of current EU’s cohesion policy (see Figure 2). €12 billion is for instance devoted to low-carbon and sustainable urban mobility.
What EU cohesion policy finances (in billion €)
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