InvestEU programme: The EU's new investment support scheme
22-02-2021
The InvestEU programme is a single investment support mechanism for the 2021-2027 period. It will bring together various EU financial instruments for internal policies previously supported by different funds and programmes of the EU budget. On 7 December 2020, Parliament and Council negotiators reached political agreement on InvestEU. The EU guarantee, set at €26.2 billion, is expected to mobilise at least €372 billion of investment across the EU (in current prices). In addition, at Parliament’s ...
The InvestEU programme is a single investment support mechanism for the 2021-2027 period. It will bring together various EU financial instruments for internal policies previously supported by different funds and programmes of the EU budget. On 7 December 2020, Parliament and Council negotiators reached political agreement on InvestEU. The EU guarantee, set at €26.2 billion, is expected to mobilise at least €372 billion of investment across the EU (in current prices). In addition, at Parliament’s insistence, EIB legacy portfolios will be consolidated with InvestEU, which could mobilise an extra €35-40 billion in investment. Under the national compartment, Member States will be able to allocate amounts to InvestEU from funds under shared management and from the new Recovery and Resilience Facility. Composed of four policy windows (sustainable infrastructure; research, innovation and digitalisation; SMEs; and social investment and skills), InvestEU is designed to contribute to the green transition in various ways, including through investment targets and a horizontal Just Transition Scheme. Parliament is due to vote on the compromise text during its March I 2021 plenary part-session. Second edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.