Additional assistance to outermost regions - Related Opinions

The Commission is proposing amendments to three EU regulations to ensure that EU funds can be quickly mobilised in support of post-disaster recovery. 

The amendments concern the Regulations governing the European Regional Development Fund (ERDF) and the Cohesion Fund (CF), and the European Social Fund Plus (ESF+), for the 2021-2027 programming period. 

These proposals come as a direct response to the floods affecting Central and Eastern European countries and wildfires in Portugal in September 2024 and include injecting liquidity with increased pre- and co-financing under Cohesion Policy.

EESC believes that there is a need to have a clear and structured view of which funds are targeted to tackle climate change and how they are managed. With an approved budget of over EUR 330 billion in the current programming period, cohesion policy is the largest and most important investment tool in Europe. As 30% of both the Cohesion Fund and the European Regional Development Fund (ERDF) will need to be spent on projects for decarbonising our economy, cohesion policy has a crucial role in tackling climate change. Moreover, funds will also be made available under NGEU, as the green transition is one of the main targets of recovery and resilience after COVID-19.

The Commission intends to renew its strategic partnership with the outermost regions, adapting it to the EU priorities on green and digital transition for a stronger recovery after the coronavirus pandemic. The new Communication is expected to be published in April 2022. In this context, the forthcoming French EU Presidency, aims to conclude together with the other EU Member States this new strategic approach to the outermost regions for a green, digital and fair recovery. More specifically, the Presidency plans to adopt Council conclusions on outermost regions that are going to be presented in the GAC (General Affairs Council) on June 2022. The French Presidency asks the contribution of civil society organisations on the new priorities for the strategic approach and partnership with these regions. 

The EESC strongly supports the Commission's proposal – Next Generation EU – as a specific tool for a quick and effective recovery.

The EESC takes a very positive view of the Commission's two main decisions:

1. to introduce an extraordinary financial recovery instrument as part of the multiannual financial framework
2. to raise common debt, which will be repaid over a long period of time, and prevent the extraordinary financial burden from falling directly on the Member States in the short run.

The EESC strongly welcomes the fact that the newly proposed instrument should be closely coordinated with the European Semester process, and furthermore welcomes the Commission's proposal to introduce additional genuine own resources based on different taxes (revenues from the EU Emissions Trading System, digital taxation, large companies' revenues).