EU Cohesion Policy: €37.3 billion for Spain to support its green transition and a fair and competitive economy
In 2021-2027, Spain will benefit from €37.3 billion in Cohesion Policy funding to accelerate the country’s green transition, finance innovation and digitisation, increase the employment rate and improve local social services.
The strategy and details for these investments are set out in the Partnership Agreement between Spain and the Commission. It paves the way for the implementation on the ground of 45 programmes out of which six at national level. Spanish less developed regions (Andalucía, Extremadura, Castilla-La Mancha, Ceuta and Melilla) will receive 50% of the funds.
Under Cohesion Policy, and in cooperation with the Commission, each Member State prepares a Partnership Agreement, a strategic document for programming investments from the Cohesion Policy funds, the Just Transition Fund and the European Maritime, Fisheries and Aquaculture Fund during the Multiannual Financial Framework.
The Partnership Agreements focus on the EU priorities, laying down the strategy and investment priorities identified by each Member State. In its Partnership Agreement, Spain reflects also a strong commitment to the coordinated use of the Cohesion Policy funds with the Recovery and Resilience Facility.
The Partnership Agreement with Spain is the 24th to be adopted.
