Kohesiorahastosta

Kohesiorahastosta, also known as the Cohesion Fund, is a financial instrument used in the European Union to support the economic and social cohesion of its Member States. It was established by the Treaty of Lisbon in 2009 and is managed by the European Commission. The fund aims to address disparities between the EU's wealthier and poorer regions, promoting balanced and sustainable development across the Union.

The Cohesion Fund is primarily funded through the EU budget, with contributions from all Member States. The funds are allocated to projects and programs that support regional development, infrastructure, employment, and environmental protection. The allocation of funds is based on a formula that takes into account the economic performance and needs of each region.

The Cohesion Fund operates through two main programs: the European Regional Development Fund (ERDF) and the European Social Fund (ESF). The ERDF focuses on regional development, supporting projects that enhance competitiveness, innovation, and employment. The ESF, on the other hand, targets social cohesion, funding initiatives that improve the quality of life and working conditions for all citizens.

The Cohesion Fund plays a crucial role in the EU's strategy for smart, sustainable, and inclusive growth. By investing in the regions that need it most, it helps to create jobs, stimulate economic growth, and promote social progress. The fund's effectiveness is regularly evaluated, and its operations are subject to strict transparency and accountability measures to ensure that the funds are used efficiently and effectively.