Regional and local leaders and EU Commissioner for Cohesion and Reform Elisa Ferreira discussed on 4 February how to accelerate the launch of new cohesion policy programmes, ensure their timely implementation and integrate them with national recovery plans.
As a response to the Covid-19 pandemic, the European Union secured an unprecedented amount of investment for a fair, green and digital recovery. React EU, the Just Transition Fund, the European Fund for Regional Development, the Social Fund, the Cohesion Fund, the European agricultural fund for rural development as well as the Recovery and Resilience Facility form a unique toolbox that can deliver an inclusive recovery as well as fair green and digital transitions.
Absorbing and implementing all available EU funds is a demanding challenge for national, regional and local governments. As highlighted by the plenary debate, centralisation and top down solutions risk undermine the investment impact in several member states. For this reason, CoR members and Commissioner Ferreira called for the full involvement of regional and local governments in the design of comprehensive recovery plans, in line with the partnership principle, in order to make the best possible use of the synergies between all the available instruments.