Programs

Youth Employment Initiative supports young people not in education, employment or training in the Union's regions with a youth unemployment rate in 2012 at above 25 %. The initiative focuses on integrating these young people into the labour market. Of the funding, €3 billion come from a dedicated Youth Employment budget line complemented by €3 billion more from the European Social Fund.

Cohesion fund reduces economic and social shortfall, as well as stabilising the economy of Member States whose Gross National Income (GNI) per inhabitant is less than 90 % of the EU average. Part of the Cohesion Fund allocation (€10 billion) is 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.

 The European territorial cooperation scheme helps regions across Europe to work together to address shared problems. Funding is made available through the European Regional Development Fund.

The European Social Fund (ESF) supports policies and priorities aiming to achieve progress towards full employment, enhance quality and productivity at work, increase the geographical and occupational mobility of workers within the Union, improve education and training systems, and promote social inclusion, thereby contributing to economic, social and territorial cohesion. Each Member State, in partnership with the European Commission, agrees on one or more Operational Programmes for ESF funding for the seven-year programming period. Operational Programmes describe the priorities for ESF activities and their objectives. The EU distributes ESF funding to the Member States and regions to finance their operational programmes.

The ERDF aims to strengthen economic and social cohesion in the European Union by correcting imbalances between its regions. The ERDF supports regional and local development by co-financing investments in R&D and innovation; climate change and environment; business support to SMEs; services of common economic interest, telecommunication, energy and transport infrastructures; health, education and social infrastructures; and sustainable urban development.The mechanism proposed provides that: 

  • At least 80% of resources are focused on energy efficiency and renewables, research and innovation and SME support in more developed and transition regions of which20% for energy efficiency and renewables. Given the ongoing restructuring needs in those regions phasing out from the Convergence objective, the minimum percentage shall be reduced to 60%;
  • At least 50% of resources are focused on energy efficiency and renewables, research and innovation and SME support in less developed regions of which 6% for energy efficiency and renewables.

To reinforce the effectiveness of cohesion policy, the INTERREG EUROPE programme promotes exchange of experience on thematic objectives among partners throughout the Union on the identification and dissemination of good practice with a view to its transfer principally to operational programmes under the Investment for Growth and Jobs goal but also, where relevant, to programmes under European Territorial Cooperation (ETC) goal.

Urabct III is a direct continuation of the Urbact II Operational Programme, aimed at overcoming urban development-related challanges.

European Programme For Social Change And Innovation supports employment and social policies across the EU and efforts in the design and implementation of employment and social reforms at European, national as well as regional and local levels by means of policy coordination and the identification, analysis and sharing of best practices. The Programme contains three complementarity axes: the Progress axis, the EURES axis and the Microfinance and Social Entrepreneurship axis.

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