The Cohesion Fund is a structural instrument designed to support the least prosperous Member States* to help catch-up with other Member States and to stabilize their economies while supporting sustainable development (actions in the frame of the Convergence objective). It finances major projects in the fields of transport, energy and environmental protection.
The Cohesion Fund contributes to interventions in the field of the environment and trans-European transport networks. It applies to Member States with a Gross National Income (GNI) of less than 90% of the Community average which means it covers the new Member States as well as Greece and Portugal. Spain will be eligible to the Cohesion Fund on a transitional basis. In the new period, the Fund will contribute alongside the ERDF to multi-annual investment programmes managed in a decentralised way, rather than being subject to individual project approval by the Commission
The Cohesion Fund shall, while ensuring an appropriate balance and according to the investment and infrastructure needs specific to each Member State, support:
2014-2020
Supported activities
Supporting the shift towards a low-carbon economy in all sectors by:
Promoting climate change adaptation, risk prevention and management by:
Protecting the environment and promoting resource efficiency by:
Promoting sustainable transport and removing bottlenecks in key network infrastructures, by:
Enhancing institutional capacity and an efficient public administration by strengthening of institutional capacity and the efficiency of public administrations and public services related to implementation of the Cohesion Fund.
Part of the Cohesion Fund allocation (€11.3 billion) will be ring-fenced to finance core transport networks under the "Connecting Europe" Facility. The Cohesion Fund can also support projects related to energy, as long as they clearly present a benefit to the environment, for example by promoting energy efficiency and the use of renewable energy.
Implementation
The Fund is implemented at a national level by a managing authority. Calls for proposals and tenders are published in the national language and potential applicants should contact the managing authority in his/her country for more information. The size of individual allocations for each country is determined on the basis of population, total area of the country, GDP per capita and socio-economic factors related to the transport infrastructure system.
Legal basis: Regulation (EU) No 1303/2013 laying down common provisions for the funds covered by the Common Strategic Framework and Regulation (EU) No 1300/2013 on the Cohesion Fund
€ 74 928,36 million (current prices)
74 928,36 million (current prices)
Member States, whose GNI per inhabitant is less than 90% of the EU27 average in making investments in TEN-T transport networks and the environment.
Please refer to the program website for details.