European Regional Development Fund and Cohesion Fund 2021-2027

Briefing 23-09-2021

In the context of the Multiannual Financial Framework for 2021-2027, the European Commission published a proposal for a regulation on the European Regional Development Fund (ERDF) and the Cohesion Fund (CF) on 29 May 2018. The new single regulation on the ERDF and CF (previously covered by two separate regulations) identifies the specific objectives and scope of support for both funds, including non-eligible activities. The majority of ERDF funding will focus on smart growth and the green economy, while the fund will also support other activities such as connectivity, social issues and local development. The CF will continue to focus predominantly on environmental and transport infrastructure. Special provisions were proposed for territories such as urban areas and outermost regions. The indicator framework for monitoring progress will include new common results indicators. On 28 May 2020, the Commission amended the proposal to better support recovery from the coronavirus pandemic. A final political trilogue meeting took place on 9 February 2021, sealing agreement between the Council and the European Parliament. The Parliament voted on the draft regulation at its June II plenary session. The final act was signed 24 June and published in the Official Journal on 30 June 2021. Fifth edition. The 'EU Legislation in Progress' briefings are updated at key stages throughout the legislative procedure.