The EESC calls for the establishment of a dedicated Union strategy for islands (Islands Pact), supported by a specific legislative framework (Islands Act). That framework should be accompanied by a formal strategy and provide for the effective implementation of an ‘insularity clause’, with a view to systematically integrating the specific needs and constraints of islands into Union policies on cohesion, transport, energy, state aid, the environment and maritime affairs.
Download — EESC opinion: Establishing the European Fund for Regional Development including for European Territorial Cooperation (Interreg) and the Cohesion Fund
Cohesion policy in its current form has had positive impact on the socio-economic development of the EU, individual countries and regions. However, the Polish presidency points out that there is a need to improve the effectiveness of the mechanisms supporting the transformational objectives of cohesion policy. In the discussion of its future, there are ideas aimed at reforming the implementation mechanisms with the approach used in the implementation of the Recovery and Resilience Facility (RRF) implemented since 2021 as a response to the challenges arising from the COVID-19 pandemic and to support the transformation processes of economies.
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 theRegulations governing the European Regional Development Fund (ERDF) and the Cohesion Fund (CF), and the European Social FundPlus (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.
