Cohesion Policy invests in the low-carbon economy - Main contents

Over the next seven years, Cohesion Policy will invest €38 billion to support the EU's transition to a low-carbon economy - twice what we spent during the last budget period!

I was invited by Debating Europe, a platform for exchanges between EU citizens and decision-makers, to contribute to a discussion launched this week on the question "How can the EU achieve a low-carbon economy?" Responding to a member of the public, I stressed that I want EU funding to make a real difference for European citizens, particularly those living in poorer regions. Cohesion Policy investments should be used strategically by our national and regional partners in order to bring down energy bills, address fuel poverty, increase energy efficiency and raise the share of renewables.